
“Invest in May and Step Back” as Crypto Faces Summer Slowdown, Analysts Recommend
“Traditionally, the saying goes, ‘Sell in May and go away,’ which suggests a retreat from equities during the summer. However, this year, some experts predict that the situation for Bitcoin may differ.”
“As summer approaches in Europe, Paul Howard, a director at a crypto trading firm, believes it might be more appropriate to say ‘buy in May and go away,’ indicating a more optimistic market outlook without significant selling pressure.”
“According to Howard, a wave of favorable regulations in the U.S. and heightened interest from institutional investors, particularly through exchange-traded funds and direct holdings, could potentially drive Bitcoin’s price up in the coming months.”
“On a recent Monday, U.S.-traded spot Bitcoin ETFs attracted $667 million in net inflows, with Bitcoin trading just below its January peak, highlighting continued investor interest. In May, these investment vehicles saw inflows of approximately $3.3 billion. Many companies are adopting Michael Saylor’s strategy to increase their Bitcoin treasury through debt and stock issues.”
“Howard predicts that as the cryptocurrency market capitalization nears $4 trillion, Bitcoin is likely to hit new all-time highs in the weeks ahead, with current estimates placing the total crypto market cap around $3.3 trillion.”
“Traditionally, summer months tend to see lower activity in the crypto sector, but analysts from a crypto analytics firm note that macroeconomic and political factors may disrupt this typical seasonal trend.”
“The upcoming interest rate decision from the Federal Reserve in June coincides with Donald Trump’s tariff deadline of July 9, both of which could spark significant market fluctuations.”
“Signals from the Bitcoin options market indicate that investors are anticipating significant movements. High-volume strike prices at $110,000 and $120,000 for the June 27 expiration suggest a bullish sentiment around Bitcoin’s future potential.”
“During a recent trading session, Bitcoin briefly surpassed $107,000, marking a 1.2% increase in the last 24 hours and resting only 2% from its record high achieved in January.”
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