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Morgan Stanley says “crypto winter” may be in the past. Optimistic for an April 24 halving
This from last week ICYMI (like I did). Morgan Stanley's Wealtyh management unit writes that insight into cyrpto pricing next moves can come from its 'four “seasons” of cryptocurrency’s historical trading cycle'.now is a good time to search for insights from past cryptocurrency trading cycles to understand what may lie ahead.The key points MS make in their piece are:Historically, most of bitcoin’s gains come directly after a “halving” event that occurs every four years. Estimates vary, but histo...
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Posted: Oct 22 2023, 23:44
Author Name: forexlive
Views: 112176