1 hour ago
“Sell in May and Walk Away” Plays Out as Bitcoin Flashes Bearish Signals
Bitcoinbitcoinbitcoin etfbtc priceCoinbase premiumcrypto market analysisIBIT Dark PoolSell in MayShooting Star Pattern
TLDR: Bitcoin’s May monthly candle is forming a Shooting Star after a sharp rejection from the $82,500 high. The STH MVRV failed to reclaim the 1.0 level on May 8, confirming the bounce lacked real momentum. Both the Coinbase Premium and Korea Premium are deeply negative, reflecting weak demand East and West. A $1.3B dark [...]
The post “Sell in May and Walk Away” Plays Out as Bitcoin Flashes Bearish Signals appeared first on Blockonomi.
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