Morgan Stanley Calls End of Crypto Bear Market, Pointing to Bullish Spring
Morgan Stanley Wealth Management suggests that crypto's bear market may be coming to an end, indicating the possibility of a crypto spring on the horizon. Historical data shows that Bitcoin's trough in previous crypto winters occurred 12 to 14 months after the peak, with a 50% increase in price signaling the achievement of the trough. Bitcoin has already risen 70% year-to-date and 77% from last year's lows
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Morgan Stanley Calls End of Crypto Bear Market, Pointing to Bullish Spring
Morgan Stanley Wealth Management suggests that crypto's bear market may be coming to an end, indicating the possibility of a crypto spring on the horizon. Historical data shows that Bitcoin's trough in previous crypto winters occurred 12 to 14 months after the peak, with a 50% increase in price signaling the achievement of the trough. Bitcoin has already risen 70% year-to-date and 77% from last year's lows