Odaily News Morgan Stanley Wealth Management said in an article published on its website: Based on current data, there are signs that the cryptocurrency winter may be over and spring may be around the corner. Morgan Stanley pointed out , in previous crypto bear markets, Bitcoins bottom occurred 12 to 14 months after the peak; it reached an all-time high of approximately $68,000 in November 2021, and bottomed a year later. Strategist Denny Galindo wrote: Bitcoins price rising 50% from its lows is usually a good sign that it has hit a bottom. Bitcoin is up 70% so far this year and is up 77% from last years lows. Furthermore, the magnitude of Bitcoin’s decline is also important; in previous cycles, its price lows were down approximately 83% from its previous highs. The report states that most of Bitcoin’s gains have occurred directly after the halving, and that this “bull cycle begins with the halving event and ends when Bitcoin price reaches its previous peak.” In addition, the report adds: “ There have been three such bull markets since Bitcoin’s inception, each lasting 12 to 18 months.” (CoinDesk)