Morgan Stanley Predicts Over 15% Bitcoin (BTC) Price Rally

With the crypto market continuing to move in correlation with the U.S. stock market, traders carefully analyze trends in the S&P 500 index to take Bitcoin positions during the bear market. Now, Morgan Stanley’s CIO and bear market expert Michael J. Wilson predicts the U.S. stock market could witness a 16% short-term rally. However, the rally will come only in the absence of an earnings capitulation or an official recession.