Morgan Stanley MS has detailed that signs investors should look for that may indicate “crypto winter” is coming to an end, potentially signaling brighter days ahead for cryptocurrency enthusiasts.
The term “crypto winter” refers to a period of severe market downturns in the cryptocurrency space, which has historically happened in a cyclical manner.
Denny Galindo, an executive director within Morgan Stanley’s Equity Model Portfolio team, discussed the pivotal role of Bitcoin’s BTC/USD halving event in dictating these market cycles, with the next halving estimated to occur around April 2024.
This insight comes at a time when the crypto discourse is gaining momentum, especially with events…
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