{"id":556202,"date":"2023-10-20T09:00:50","date_gmt":"2023-10-20T09:00:50","guid":{"rendered":"https:\/\/wncen.com\/?p=556202"},"modified":"2024-06-11T13:12:37","modified_gmt":"2024-06-11T13:12:37","slug":"bitcoin-bear-market-us-mega-bank","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-bear-market-us-mega-bank\/","title":{"rendered":"When Will The Bitcoin Bear Market End? US Mega Bank Has The Answer"},"content":{"rendered":"
In a recent development, <\/span>leading investment bank Morgan Stanley<\/span><\/a> has weighed in on when the <\/span>lingering Bitcoin bear market<\/span><\/a> is likely to end. Interestingly, they share some similar views with analysts who have made predictions in the past.\u00a0<\/span><\/p>\n In an <\/span>article<\/span><\/a> released by the investment bank, Morgan Stanley highlighted <\/span>Bitcoin\u2019s<\/span><\/a> importance as the leading crypto and how the <\/span>Bitcoin Halving<\/span><\/a>, which is set to take place in April 2024, could affect its price and other crypto tokens by extension.\u00a0<\/span><\/p>\n Bitcoin halving is a deflationary measure that occurs every four years, during which the rewards of miners are \u2018halved\u2019, thereby creating scarcity. According to the bank, this event could potentially trigger a bull run as it has done in the past.\u00a0<\/span><\/p>\n The article further noted how there have been such bull runs in the past following the three halving events that have occurred and how the bull run lasted for 12 to 18 months after then.\u00a0<\/span><\/p>\n Morgan Stanley\u2019s prediction echoes that of <\/span>several crypto analysts<\/span><\/a> who have predicted that the Bitcoin Halving could spark the next bull run. Specifically, the co-founder of Delphi Digital, Kevin Kell, while highlighting metrics that showed that the next bull run was close, <\/span>noted<\/span><\/a> that Bitcoin has broken to a new all-time high (ATH) seven months after the last two halvings occurred.<\/span><\/p>\n While trying to avoid giving a definite time as to when to invest ahead of the next bull run, Morgan Stanley noted the importance of learning about the \u2018four phases of cryptocurrency prices\u2019 in order for one to make a conviction play as to the right time to invest. These <\/span>four phases<\/span><\/a> are said to correspond roughly to the four seasons of the year.\u00a0<\/span><\/p>\n The first phase is \u2018Summer\u2019 when Bitcoin experiences the most gains, which comes after the halving. The bull run is said to begin with the event and continue when <\/span>Bitcoin\u2019s price<\/span><\/a> hits its prior peak. The next is the \u2018Fall\u2019 when the price \u201csurpasses the old high.\u201d This is the period when the bull market runs its full course after <\/span>reaching a new high<\/span><\/a>.<\/span><\/p>\n After \u2018Fall\u2019 comes \u2018Winter\u2019, which is when the bear market surfaces as this is the period that investors are locking in their gains, resulting in a massive sell-off. This usually occurs between the \u201cnew peak and the next trough.\u201d Historically, there have been three winters, with each of them lasting for about 13 months.\u00a0<\/span><\/p>\n \u2018Spring\u2019 is the last phase in the cycle and the one that potentially kickstarts the next bull run (another Summer). This is the period \u201cpreceding each halving,\u2019 when Bitcoin\u2019s price \u201cgenerally recovers from the cycle\u2019s low point, but <\/span>investor interest<\/span><\/a> tends to be weak.\u201d<\/span><\/p>\nBitcoin Halving A Major Factor<\/h2>\n
Understanding The Four Phases Of Crypto<\/h2>\n