Originally published at: https://www.channel-sea.cc/morgan-stanley-on-bitcoin-crash-keep-calm-and-carry-on-cryptoglobe/
Analysts at Morgan Stanley have, in a research note titled “State of the Bear Market,” downplayed bitcoin’s 50% correction from its all-time high seen in November as the figures show the drop was within historical norms. According to CoinDesk, the bank’s head of cryptocurrency research Sheena Shah pointed out that estimating the fair value of…