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 history indicates the next halving could occur sometime in April 2024.
  
• Signs indicate that “crypto winter”—bitcoin’s cyclical bear-market decline—may be in the…
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