HomeIndustriesCrypto‘Be Prepared for More Downside’ in Bitcoin; Does it Preview Markets?

‘Be Prepared for More Downside’ in Bitcoin; Does it Preview Markets?

Michael Purves expects a strong rally into year end, tracking trading and volatility patterns over the last few months. “I think you want to be long…big, solid companies,” like big tech, large-cap banks, and similar. He lays out his bull case for the rest of the year and discusses how an upcoming new Fed Chair changes the calculus for market participants. He sees a “problematic” long-term momentum signal for Bitcoin as crypto slumps.

Morning Trade Live

24 Nov 2025

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