Bitcoin Eyes $100K, But "Sell in May" Sentiment Looms Bitcoin's recent surge has traders eyeing $100k, but the "Sell in May" adage and historical data suggest caution. Market seasonality and economic indicators could impact price movements in the coming weeks. #Bitcoin #Crypto #MarketSentiment

Bitcoin's $100K Temptations: A Seasonal Warning Bitcoin's recent price surge has some eyeing a $100,000 milestone, but the old Wall Street adage "Sell in May and go away" is casting a shadow on potential gains. Historical data shows mixed results for Bitcoin in May, with some years showing strong gains and others significant losses. While past performance doesn't guarantee future results, the confluence of seasonality, potentially cooling economic indicators (jobs report), and overall market sentiment suggests a degree of caution may be warranted as May approaches. Altcoins, particularly memecoins, could see even greater volatility.