Morgan Stanley says “crypto winter” may be in the past. Optimistic for an April 24 halving
<p>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'.</p><ul><li>now is a good time to search for insights from past cryptocurrency trading cycles to understand what may lie ahead.</li></ul><p>The key points MS make in their piece are:</p><ul><li>Historically, most of bitcoin’s gains come directly after a “halving” event that occurs every four years.
</li><li>Estimates vary, but history indicates the next halving could occur sometime in April 2024.
</li><li>Signs indicate that “crypto winter”—bitcoin’s cyclical bear-market decline—may be in the past. </li></ul><p>Full piece is here: <a href="https://www.morganstanley.com/articles/the-four-seasons-of-cryptocurrency-explained" target="_blank" rel="nofollow">Will Crypto Spring Ever Come?</a></p>
This article was written by Eamonn Sheridan at www.forexlive.com.
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