Sell in May, Go Away? - Market Maker May be Ready for Summer
''Sell in May, Go Away'' was the motto of market maker for last two years. They sold crypto on May and went to Summer Holiday...
History may repeat itself this year.
I shared a few post about we might be end of mini bullish season. Lots of altcoins are the lowest level in 2023. Will they recover their loss in May?
I think it is impossible. May is the month to switch to cash before Summer Holiday after bullish season. We were in bullish season at the beginning of 2021, we were in bearish season at the beginning of 2022. Even being bullish and bearish, May was a month to switch to cash..
Here you can see weekly chart of Bitcoin. Weekly Indicators are on the top and reversing. So, It is the dangerous level for long position...
We may see accumulation season in Summer. It may be the best time to buy in September. I believe that we will see a crash in September...
This is my long term strategy to be on the game.. I am trying to buy on the bottom to increase my number of crypto..
We will see...
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