Morgan Stanley put out a note to its clients on M

Morgan Stanley put out a note to its clients on Monday the 19th breaking down Bitcoin trading in comparison to the Nasdaq during the dot-com crash 20 years ago. n Bitcoin Similar to Dot-Coms Through Bear Markets n
According to the report , Bitcoin is behaving very similar to the way the Nasdaq did in 2000. There is parity in the pattern of price declines and the rally of 250 -280 percent “in their most exuberant period” just before the bear market. n
“Just that the bitcoin rally was around 15…

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