“Sell in May and leave” goes to the adage of Wall Street for the stock markets each summer. For Bitcoin
However, some analysts say that this season could mark a break in tradition.
“While we are entering the European summer months, the meaning is more likely than a case” buy in May and leave “than significant winds or significant pressure,” said Paul Howard, director of the Crypto Winccent trading company in a market note.
A confluence of positive regulatory developments around digital assets in the United States and the increase in institutional purchases both via funds on the stock market and a punctual allowance is about to push BTC above in the coming months, Howard said.
The FNB bitcoin FNB of the American spot, for example, drew $ 667 million from net entries on Monday, the BTC stopping just below its January record, highlighting the persistent demand, he noted. Vehicles attracted $ 3.3 billion in May by Sosovalue. In addition to that, there was a burst of companies joining the strategy of Michael Saylor (MSTR) adding bitcoin to their treasure, funded by debt and actions emissions.
“While we get closer to a market capitalization of 4 dollars of dollars for digital assets, we will see the BTC crossed all time in the coming weeks,” said Howard. The total market capitalization of cryptography currently amounts to around 3.3 billions of dollars, according to tradingView data.
Historically, summer months have been slow for cryptographic assets, but macro and political forces also converge in a way that could disrupt the typical seasonal lull, said analysts of the Crypto Kaiko analysis company.
The federal reserve interest rate decision in June will precede the Donald Trump’s July 9 tariff deadline for business partners, who could both trigger Volatility on a market scale, according to the report.
The Bitcoin options markets are already flashing signs of investor anticipation, Kaiko analysts said. The exercise prices at $ 110,000 and $ 120,000 for the expiration of June 27 pulled a heavy volume, suggesting that betting on the BTC made a record decision, notes the report.
Bitcoin briefly exceeded $ 107,000 during the Tuesday session, winning 1.2% in the last 24 hours and negotiating only 2% below its January record.
