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Bitcoin Smashes $107K—Summer ATH Incoming as Analysts Dismiss ’Sell in May’ Cliché

Bitcoin Smashes $107K—Summer ATH Incoming as Analysts Dismiss ’Sell in May’ Cliché

Author:
CoindeskEN
Published:
2025-05-20 20:43:41
9
1

Sell in May? Bitcoin Tops $107K, Could Hit Record Highs This Summer Say Analysts

Wall Street’s tired old mantra gets trampled as BTC defies seasonal trends with a blistering rally. Institutional inflows and ETF demand suggest this train isn’t stopping.

Key drivers: Spot ETF volumes hit $9B daily, miners hodl harder than a VC clinging to vaporware, and macro uncertainty fuels the digital gold narrative.

Cynical take: Traders who followed the ’Sell in May’ playbook now face the ultimate FOMO—watching from the sidelines as Bitcoin eats their lunch.

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