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@BOMBERuss more from that month

A group of analysts noted the May prospects for bitcoin!!! May started for bitcoin with the same sluggish #exchange rate movement that prevailed for most of April. However, analysts believe that this month may be decisive for #BTC Historical data suggests that, as a rule, May is a strong month for #bitcoin. Over the past 11 years, the rate has increased by an average of 27%. Bitcoin bulls would be happy with such indicators in 2022, especially after April's 17% drop, which was the worst results for a month this year. Over the past 4 weeks, the bitcoin exchange rate has been declining along with weak US stock markets and it is important to note the serious correlation of BTC with the Nasdaq 100 technology index. -Alex Kuptsikevich, Senior market analyst at #FxPro, predicts the BTC rate in the range of $32,000 — $48,000 at the end of May. -Intotheblack analysts believe that macroeconomic conditions will have an impact on the prospects of #cryptocurrencies until the end of 2022. -Analyst Omkar Godbole noted that bitcoin has historically been immune to the "should I sell in May?" model that prevails with respect to some other assets. If we take the May figures for the last 11 years, then during 7 of them bitcoin showed growth.

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