May has been the fourth best month for Bitcoin. Out of past 11 years, BTC has logged gains in 7 years

Past performance is no guarantee of future results but historically May has been the fourth best month for Bitcoin.

May is considered a relative success for BTC, Over the past 11 years, Bitcoin has ended the month up seven times and down four times.

The average rise was 27% and average decline was 16%.Under these scenarios, the estimated average range for BTC at the end of May is between $32,000-$48,000

The market is in red from past few months, the sentiment is quite negative due to the ongoing global situation and other factors. But Crypto is quite good at delivering the unexpected.

Source : https://www.coindesk.com/markets/2022/05/02/bitcoin-immune-to-sell-in-may-adage-if-history-is-guide