TechFlow news, November 12 — According to Cointelegraph, Morgan Stanley strategists said the cryptocurrency market has entered the "autumn" phase of Bitcoin's four-year cycle, urging investors to take profits before a potential winter arrives.
Denny Galindo, investment strategist at Morgan Stanley Wealth Management, said on a podcast that historical data shows Bitcoin’s price cycle follows a pattern of "three up, one down." He stated: "We are now in autumn, and autumn is the time for harvesting—profits should be locked in. The debate lies in how long this autumn will last and when the next winter will begin."
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