Bitcoin Updates Today: Morgan Stanley Advises: Secure Bitcoin Profits Ahead of Potential Crypto Downturn
- Morgan Stanley warns Bitcoin investors to secure gains amid bearish signals, comparing the market phase to a "crypto autumn" before potential downturns. - Bitcoin fell below $99,000 and its 365-day moving average on Nov. 5, triggering a "technical bear market" label as ETF outflows accelerated. - A "Death Cross" pattern and declining RSI (32) signal prolonged weakness, with further drops to $90,000 possible if key support breaks. - Ethereum and XRP also underperform, showing oversold conditions and weak
Morgan Stanley has delivered a warning to
This alert comes as Bitcoin’s value slipped under $99,000 on Nov. 5,
The negative momentum is further supported by recent withdrawals from Bitcoin and
Technical signals also suggest a bleak outlook.
The wider cryptocurrency market has echoed Bitcoin’s challenges.
Morgan Stanley’s cyclical approach highlights a growing agreement among Wall Street experts that Bitcoin’s market behavior is starting to resemble that of traditional assets. Still, the firm’s warnings come as the crypto industry faces wider issues, including regulatory pressures and economic uncertainty. As this “harvest season” progresses, investors must balance short-term profits against the threat of an impending crypto winter.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP News Update: ADA and XRP Highlighted as ISO 20022 Connectors Amid Ongoing Debate Over Compliance Assertions
- XRP and ADA gain attention as ISO 20022 migration nears, with Cardano's founder positioning ADA as a bridge between traditional and decentralized finance. - Critics clarify no cryptocurrency is inherently ISO 20022 compliant, emphasizing the standard governs financial messaging systems, not digital assets themselves. - Ripple's enterprise solutions enable ISO 20022 message compatibility via RippleNet, while XRP's price near $2.42 sparks optimism amid Ethereum ETF outflows. - Cardano's institutional adopt

HBAR's bears encounter a comeback as buyers set their sights on the neckline
- HBAR's 11% drop breached a key neckline, triggering bear trap concerns as 73% of leveraged positions are now short-biased. - A bullish RSI divergence and $5.37M inflow into the Canary HBAR ETF suggest potential short-covering above $0.160. - Bitget's $16.7M short dominance creates asymmetric risk, with a rebound above $0.160 likely to trigger forced liquidations. - However, a breakdown below $0.160 could validate the bearish pattern, targeting $0.113 with strong on-balance volume support.

XRP News Update: XRP ETFs Experience Growth While Solana Faces Challenges, Regulatory Certainty Still Unclear
- XRP ETFs outperform Solana as Canary’s $58M product leads 2025 crypto ETF debuts amid regulatory uncertainty. - XRP’s institutional appeal contrasts with Solana’s niche traction, while SEC inaction delays broader adoption. - XRP’s $2.24 price struggles reflect bearish momentum, but "buy the dip" optimism persists ahead of potential rebounds. - Canary pauses new XRP ETFs pending SEC clarity, highlighting regulatory risks as crypto markets face $1.4B in ETF outflows.

Vitalik Buterin’s Latest Support for ZK Technology and What It Means for the Cryptocurrency Industry
- Vitalik Buterin promotes ZK technologies as Ethereum's scalability and privacy solution, accelerating institutional adoption through technical upgrades and partnerships. - ZKsync's 15,000 TPS Atlas upgrade and Polygon's AggLayer framework highlight ZK's role in cross-chain efficiency, with ZKsync's token surging 120% in 2025. - Institutional investments in Succinct Labs ($55M) and Aztec Network ($100M) underscore growing confidence in ZK's ability to solve blockchain's scalability-privacy trilemma. - ZK
