May turned out to be yet another disappointing month for bitcoin (BTC), despite promising predictions based on its historical performance. So, with that in mind, how reliable really are historical patterns for the price of bitcoin today? Using crypto exchange Kraken's monthly market outlook as a guide, it's clear that performance in May came in short of expectations. With a fall of 16%, bitcoin's performance ended up far from its historical median return for May of 10%....
May turned out to be yet another disappointing month for bitcoin (BTC), despite promising predictions based on its historical performance. So, with that in mind, how reliable really are historical patterns for the price of bitcoin today? Using crypto exchange Kraken's monthly market outlook as a guide, it's clear that performance in May came in short of expectations. With a fall of 16%, bitcoin's performance ended up far from its historical median return for May of 10%....
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