
{"id":138977,"date":"2026-03-02T09:02:29","date_gmt":"2026-03-02T09:02:29","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=138977"},"modified":"2026-03-02T09:02:29","modified_gmt":"2026-03-02T09:02:29","slug":"bitcoin-bottom-is-in-morgan-stanley-and-citi-are-accumulating-as-sentiment-hits-rock-bottom","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=138977","title":{"rendered":"Bitcoin Bottom Is In? Morgan Stanley And Citi Are Accumulating As Sentiment Hits Rock Bottom"},"content":{"rendered":"<p>It feels like the sky is falling again, doesn\u2019t it? If you have been watching the charts lately, you have likely seen the Bitcoin price slide aggressively toward the low $60,000s, testing the nerves of even the most seasoned veterans. That familiar knot in your stomach is a shared experience right now as retail investors rush for the exit.<\/p>\n<p>The sentiment in the market right now is brutal. BTC USD is trading at around $65k. The Fear and Greed Index recently plunged to a score of 10-14, signalling Extreme Fear.<\/p>\n<p><span><\/span><\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p><\/p>\n<p>But there is the twist. While the crowd is panicking, the biggest players on Wall Street are quietly doing the exact opposite. For example, Morgan Stanley is playing a much longer game. A Bloomberg report <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-27\/morgan-stanley-applies-for-bank-charter-to-custody-crypto-assets\" target=\"_blank\" rel=\"noopener\">confirmed<\/a> the banking giant is taking significant steps to deepen its involvement in the crypto ecosystem. Specifically, Morgan Stanley Bitcoin strategies are shifting from simple access to active financial utility, with filings suggesting moves into lending and yield generation products.<\/p>\n<p>Morgan Stanley is hiring for dozens of crypto roles and opening the pipes at the same time.<\/p>\n<p>Grayscale Bitcoin Mini Trust ETF ($BTC) is now available on Morgan Stanley\u2019s platform, opening access to more than $7.4T in advisor AUM.<\/p>\n<p>2026 is going to be explosive for crypto. <a href=\"https:\/\/t.co\/pXuCvpOkuq\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/pXuCvpOkuq<\/a><\/p>\n<p>\u2014 Frank Chaparro (@fintechfrank) <a href=\"https:\/\/twitter.com\/fintechfrank\/status\/2016253373415072019?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">January 27, 2026<\/a><\/p>\n\n<p>Bitcoin institutional adoption is accelerating in the shadows, suggesting this volatility might not be a crash, but a calculated opportunity for the smart money to buy the dip.<\/p>\n<p>Macroeconomist Henrik Zeberg has pointed out that these institutional moves often happen exactly when sentiment is lowest. By building this infrastructure now, the bank is effectively betting that client demand will remain robust for years, regardless of this week\u2019s price action.<\/p>\n<p>JUST IN: Economist Henrik Zeberg sets Bitcoin&#8217;s target price between $110,000 and $120,000 by March 2026. <a href=\"https:\/\/t.co\/b9jKXP7lPd\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/b9jKXP7lPd<\/a><\/p>\n<p>\u2014 Wizzy (@WizzyOnChain) <a href=\"https:\/\/twitter.com\/WizzyOnChain\/status\/2028223753805869300?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">March 1, 2026<\/a><\/p>\n\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/best-crypto-exchanges\/\" target=\"_blank\" rel=\"noopener\">The Best Crypto Exchanges for Beginners in 2026<\/a><\/strong><\/p>\n<h2>Morgan Stanley, Citi Group and the Institutional Convergence<\/h2>\n<p>When a trillion-dollar institution expands its crypto services during a downturn, they aren\u2019t worried. They are accumulating. They are looking past the current fear to a future where Bitcoin is a standard part of every portfolio.<\/p>\n<p>Morgan Stanley isn\u2019t alone in this contrarian bet. Citigroup is also reaffirming its commitment to digital asset custody, ensuring they have the plumbing in place to hold billions in crypto safely for their wealthiest clients. This isn\u2019t a coincidence; it is a convergence of smart money.<\/p>\n<p>This creates a fascinating split in the market. On one side, recent data shows <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/bitcoin-etf-five-weeks-outflows-institutional-demand\/\" target=\"_blank\" rel=\"noopener\">spot Bitcoin ETFs seeing outflows<\/a> as retail investors react to the price drop. On the other side, global banks are doubling down on their infrastructure. It mirrors the moves by other major players, such as <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/intesa-sanpaolo-bitcoin-etf-investment\/\" target=\"_blank\" rel=\"noopener\">Europe\u2019s Intesa Sanpaolo<\/a>, which has also stepped into the Bitcoin ETF space despite market chop.<\/p>\n<p>Seeing multiple global banks build new on-ramps while prices are down maybe a strong signal that the smart money views these prices as a discount, not a danger zone.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/bitcoin-wallets\/\" target=\"_blank\" rel=\"noopener\">Secure Your Assets: Top Bitcoin Wallets Reviewed<\/a><\/strong><\/p>\n<h2>The Path to $120,000: Bitcoin Price Prediction<\/h2>\n<p>Historically, purchasing Bitcoin during periods of Extreme Fear has been one of the most profitable strategies available. We saw this in late 2022 and again in mid-2023. When the crowd is terrified, the selling pressure is often exhausted because everyone who wanted to sell has already done so. This aligns with technical analysis suggesting <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/bitcoin-price-support-cost-basis-58700\/\" target=\"_blank\" rel=\"noopener\">critical support levels around the $58,000 to $60,000 mark<\/a> may act as a hard floor for the price.<\/p>\n<p>Of course, this doesn\u2019t guarantee the price won\u2019t dip lower. However, the combination of extreme bearish sentiment and heavy institutional buying usually creates a potent setup for a reversal.<\/p>\n<p>Despite the gloom, many analysts are maintaining a bullish Bitcoin price prediction for the longer term. Macroeconomist Henrik Zeberg maintains that the primary scenario is a rally toward the $110,000 to $120,000 range.<\/p>\n<p>For this rally to materialize, Bitcoin needs to hold the line in the sand at $60,000. If the bulls can defend this level and push the price back above the resistance at $72,000, it would confirm a \u201cdouble bottom\u201d pattern, a classic technical signal that the downtrend is over.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/buy-bitcoin\/\" target=\"_blank\" rel=\"noopener\">How to Buy Bitcoin Instantly: A Step-by-Step Guide<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p>Morgan Stanley and Citi are expanding their crypto services, signaling \u201csmart money\u201d accumulation despite the price drop.<br \/>\nThe Fear and Greed Index is at \u201cExtreme Fear\u201d (10-14), which historically marks a contrarian buying opportunity near market bottoms.<br \/>\nAnalysts maintain a $120,000 target, provided Bitcoin holds support above the $60,000 level.<\/p>\n<\/div>\n<p><strong>Follow 99Bitcoins on X for the Latest Market Updates and Subscribe on YouTube for Daily Expert Market Analysis.<\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/morgan-stanley-citi-bitcoin-bottom-signal\/\">Bitcoin Bottom Is In? Morgan Stanley And Citi Are Accumulating As Sentiment Hits Rock Bottom<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>It feels like the sky is falling again, doesn\u2019t it? If you have been watching the charts lately, you have likely seen the Bitcoin price slide aggressively toward the low $60,000s, testing the nerves of even the most seasoned veterans. That familiar knot in your stomach is a shared experience right now as retail investors [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-138977","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/138977"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=138977"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/138977\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=138977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=138977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=138977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}