Morgan Stanley says it’s harvest time as Bitcoin enters ‘fall’ season - Source: CoinTelegraph
Strategists from Morgan Stanley, a global investment bank and wealth management firm, say the crypto market has entered the “fall season” in Bitcoin's four-year cycle, advising investors to harvest their gains before the potential onset of winter.
In a podcast episode titled Crypto Goes Mainstream, Denny Galindo, an investment strategist at Morgan Stanley Wealth Management, said that historical data indicates a consistent three-up, one-down rhythm in Bitcoin's price cycles. Galindo urged investors to take profits in preparation for a crypto winter.
Story continues: https://cointelegraph.com/news/morgan-stanley-strategists-urge-profit-taking-as-crypto-enters-fall-season
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