Replying to Avatar Oscar Pacey

Sell in May and go away?

Here are the past 10 years of BTCUSD price time series overlaid on one another, to help us identify whether there is any discernible pattern in May each year.

Orange vertical line = 1st May

Hmm, not sure.

Next note in 🧵for another view...

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Oscar Pacey 2y ago

Instead of starting the graph from 1st Jan, let's start from 1st May:

We get a very broad dispersion it seems. Let’s zoom into just the month of May...

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Oscar Pacey 2y ago

1st May -> 1st June

(please excuse the unhelpful axis labelling)

I dont see a pattern here. Do you?

P.S. These are all log scale price axis (Y axis)