/Bitcoin's Tumble Was a Warning for Stock Swoon, Morgan Stanley Says

Bitcoin's Tumble Was a Warning for Stock Swoon, Morgan Stanley Says



Bitcoin, which we believe started the entire risk asset correction back in December, bottomed on Tuesday right at its 200 day moving average — a good sign,” he writes. Similarly, the S&P 500 Index bounced off its 200-day moving average on Friday, with the benchmark U.S. equity gauge proceeding to¬†…

Source: Bitcoin’s Tumble Was a Warning for Stock Swoon, Morgan Stanley Says