The saying 'sell in May and go away' has already been around since the nineteenth century, as the summer months tend to have shown a remarkable weakness in equity returns historically compared to other months of the year.
Well, if you just held cash during the months of August and September (when you were on holidays) and were only invested in Bitcoin during the rest of the year, you would have outperformed a Bitcoin buy-and-hold investor by four times!
Hence, statistically-significant seasonal performance patterns could theoretically be used to derive significant alpha.
Moreover, the average seasonal performance pattern also suggests that Bitcoin could continue to rally over the coming weeks until around June, when the average seasonal performance pattern suggests that bitcoin could make a pause during the summer months before continuing its ascent towards the end of the year.
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