Take Profits On Bitcoin—It’s ‘Fall Season’, Morgan Stanley Analyst Says
Bitcoin (CRYPTO: BTC) tapped $105,000 before retreating back below $104,000 on Wednesday, reigniting debate among traders over whether the rally has more fuel or is nearing its peak.
Morgan Stanley Warns Investors To “Harvest Gains’
Morgan Stanley (NYSE:MS) strategist Denny Galindo said Bitcoin has entered its “fall season” — a time to secure profits before winter.
Speaking on the bank’s Crypto Goes Mainstream podcast, Galindo compared Bitcoin’s market rhythm to the four seasons.
He noted that the cycle follows a three-up, one-down pattern, suggesting potential downside after strong multi-year rallies.
“We are in the fall season right now,” Galindo said.
“Fall is the time for harvest, when investors should take gains before the next winter begins.” he added
Galindo’s seasonal analogy highlights how major Wall Street institutions are formalizing crypto cycle analysis alongside commodities and macro assets.
Institutional …
About The Author
