Bitcoin has entered its "four-year cycle autumn," and now is the "harvest season" for investors.
According to Odaily Planet Daily, Morgan Stanley strategist Denny Galindo stated that the crypto market has entered the "autumn phase" of Bitcoin's four-year cycle, meaning the market is in a "harvest season" before a potential peak. He pointed out that historical data shows Bitcoin's price cycles typically follow a "three-up-one-down" pattern, therefore investors should gradually lock in profits before the "winter" arrives.
Galindo said, "We are in autumn now, a time of harvest. But the key question is, how long will this autumn last, and when will winter arrive?"
Analysts believe this analogy shows Wall Street is viewing the Bitcoin market through a cyclical asset framework, treating it as a cyclical investment asset similar to commodities or macro liquidity-driven assets. (Cointelegraph)
