Morgan Stanley: Bitcoin enters "autumn" phase, advises investors to harvest profits

According to Cointelegraph, Morgan Stanley strategists have stated that the cryptocurrency market has entered the "autumn" phase of Bitcoin's four-year cycle, urging investors to harvest profits before a potential winter arrives.

Morgan Stanley Wealth Management investment strategist Denny Galindo mentioned in a podcast that historical data shows Bitcoin price cycles exhibit a "three up, one down" rhythm. He stated, "We are currently in autumn, which is the time for harvesting, and profits should be taken. But the debate is how long this autumn will last and when the next winter will begin."