Morgan Stanley Says It’s Time To Take Crypto Profits — Here’s What Our Data Shows

Is now the time to take profits? | Source: Image created with Gemini . Key Takeaways Morgan Stanley strategist Denny Galindo says Bitcoin is in the “fall season” of its four-year cycle, historically the time to harvest gains before a potential downturn. However, CCN analyst Valdrin Tahiri found inconsistent correlations between U.S. money supply and Bitcoin prices. CCN’s Bitcoin chart hints at a possible long-term correction. Morgan Stanley says it’s time to harvest crypto gains, but new data ana ...