NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%

Morgan Stanley Executive Predicts Bitcoin To Witness A Short-Term Rally

Denis
Denis
1 year ago
2 mins read
Morgan Stanley Executive Predicts Bitcoin To Witness A Short-Term Rally

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Over time, the crypto market has strongly correlated with US equities, and Bitcoin has indicated a significant correlation with S&P 500 index. The price of the primary crypto asset has followed a similar pattern to the stock.

Many predictions from experts on BTC were drawn from the possible outplay for the equity stock. Also, the response of Bitcoin to critical macroeconomic conditions is related to that of the stock index.

Related Reading

TOP 5 Cryptos To Watch This Week – BNB, BTC, ETH, QNT, LEO

1 year ago

Following the correlation between the two markets, some market experts give forecasts for future price trends. According to Morgan Stanley’s CIO, Michael J. Wilson, the US will soon have a short-term rally of 16%. The bear market expert noted that the price surge would only be possible without an official recession or earning capitulation.

Short-Term Price Recovery In Stock Markets And Bitcoin Status

According to Wilson, the US stock market will witness a short-term recovery. This offers the possibility of the S&P 500 hitting the 200-weekly moving average (WMA), as per Bloomberg.

Due to the unfavorable macroeconomic conditions and the impacts of the increased interest rates, the index dropped this year. However, the present price movement for Bitcoin has not been too impressive.

BTC price is currently below its critical level of $20K. Also, the 200-WMA is close to the $23k region. Even with its short-term rally in August, Bitcoin is yet to cross the 200-WMA.

Bitcoin has experienced several price rallies following the crypto winter that pushed the price below $20,000 in June. But the battle seems to be unending. The bulls are yet to take a more potent force against the bears keeping the BTC price still hovering below $20K.

Recall that Wall Street’s most notable prominent bearish voice, Michael Wilson, predicted this year’s decline correctly. His position on a long-term overall negative trend in the stock market is still unfazed. But currently, he predicts a 16% short-term price rally.

The Wait For Feds’ Next Hike On Rates

Activities in the crypto market seem to be dragging. Most traders take their time with little or no significant transactions. Instead, they are expecting the outcome of the next Fed FOMC meeting slated on Nov 2. The decision in the meeting will drive the market for the next few months.

Related Reading

Ethereum

Ethereum In Tight Range – Will Selling Pressure Push ETH Below $1,250?

2 years ago

A report from the CME FedWatch Tool indicates a 95.4% possibility of another 75bps hike. Also, the Dollar index moves higher toward 113. Recall that the US Federal Reserve has maintained a hawkish stance in controlling inflation despite increasing fears of recession.

From Michael Wilson’s analysis, inflation has hit its peak. Though the core CPI data surged to a 40-year high, the Fed may impose a 50-bps hike on rates.

Morgan Stanley Executive Predicts Bitcoin To Witness A Short-Term Rally
Bitcoin trends on the $19,500 line l BTCUSDT on Tradingview.com

At the time of writing, Bitcoin is trading at $19,536, indicating a rise of 1.42% over the past 24 hours.

Featured image from Pixabay and chart from TradingView.com
Tweet123Share196ShareSend
Denis
Denis

Denis

Denis is a passionate writer and editor and he's been writing in finance industry for almost 6 years.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dogecoin stijgt ondanks ETF uitstel – institutionele vraag groeit exponentieel

Dogecoin stijgt ondanks ETF uitstel – institutionele vraag groeit exponentieel

Het enthousiasme rondom Dogecoin lijkt groter dan ooit. Institutionele investeerders lijken massaal te willen investeren in deze meme coin en...

Lars Diederiksen 5 hours ago
Solana

Solana (SOL) Bulls Complete Bullish Breakout — Eye $360 Mid-Term Target

Solana (SOL) has emerged as a major headliner following an impressive 20.89% gain over the last week. Solana’s price now...

Semilore Faleti 6 hours ago
Ethereum

Ethereum Outflow Signals Strength: 56,000 ETH Pulled From Exchanges

The steady appreciation in the Ethereum price continues to mirror how resilient the cryptocurrency has become in the market. Despite...

Opeyemi Sule 11 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

xrp-flambee-marche-crypto

XRP et flambée du marché crypto : que faire les prochaines semaines ?

guillaumev 1 hour ago
solana-depasse-bnb-capitalisation-record-sol

Solana dépasse à nouveau BNB : vers une capitalisation record pour SOL ?

guillaumev 2 hours ago
Ethereum

Ethereum’s MVRV Hits 1.97 — Can Bulls Hold Their Ground?

Semilore Faleti 2 hours ago

Premium Sponsors

Press Releases

  • 仮想通貨投資の専門家が推す有望銘柄 ― XRP・カルダノ以上の期待

    仮想通貨投資の専門家が推す有望銘柄 ―...

    1 hour ago
  • 注目のico仮想通貨が100万ドル調達 ― マイン・トゥ・アーン型ミームコインの可能性

    注目のico仮想通貨が100万ドル調達 ―...

    1 hour ago
  • イーサリアム 今後の価格予測:機関投資と長期需要で2025年に9,000ドル到達の可能性

    イーサリアム...

    1 hour ago
  • ビットコイン 今後の価格予測:インフレ上昇の中で利下げ期待強まり、11万5,000ドル付近で推移

    ビットコイン...

    1 hour ago
  • シバコイン 今後はどうなる? レジスタンス突破の可能性を探る

    シバコイン 今後はどうなる?...

    1 hour ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.