Analyst says sell Bitcoin in May before 60% drop to $33k

Analysts flag May top risk for Bitcoin. One maps a 60.7% drop to $33,000; another tracks a push to the $86,000 CME gap.

Crypto analyst Merlijn The Trader warns “sell in May and go away.” He sees a possible sharp correction after a May peak. Source.

He cites a repeating pattern. May tops in 2014, 2018, 2022 were followed by ~61%, ~65%, ~66% drawdowns. Source.

From the same structure, he estimates a 60.73% downside after a new May top. With BTC trading above $78,000, that implies ~$33,000. Price context. Drawdown risk. May top call.

Ted Pillows maps near-term levels around $78,000–$80,000. He notes $75,000 as recent support. Source. Support context.

• Bull case: reclaim and hold $78k–$80k. Fill the CME gap near $86,000, then pull back toward $80,000. Levels. CME gap.
• Bear case: rejection at $78k–$80k. Correct to ~$70,000, with risk down to $66,318 before a bounce. Levels.