Morgan Stanley Flags 'End of Cycle' for Bitcoin, Urges Profit-Taking
In a note published Nov. 13, 2025, Morgan Stanley signaled a potential turning point for Bitcoin, describing the situation as an "end of cycle" and recommending that investors consider taking profits. The bank framed the call as risk management for clients, citing the possibility of a shift in momentum after the recent rally and warning that upside may be limited in the near term. The move matters because institutional commentary can shape market psychology and capital flows; a prominent broker advising profit-taking may prompt other investors to lock in gains, increasing near-term selling pressure. Traders should watch for heightened volatility and shifting liquidity as the market digests the call, while longer-term holders will need to balance the bank’s caution against broader macro trends and on-chain fundamentals.