بتكوين
شراء

#Bitcoin & The business cycle are intertwined!

تم تحديثه
In the bottom pane is the US Purchasing managers index number

a number below 50 ( and nearly all the time below 47) means a recession/ economic slowdown is looming.

But as you can see on the rebound , as the PMI number moves above 50 and back into a expanding economy

we have seen it coincide with the great bitcoin bull markets.

Let's hope this trend continues.
تم فتح الصفقة
PMI pumped
Bitcoin Pumped
ملاحظة
لقطة
ملاحظة
PMI needs juicing
FED needs to lower rates agressively

لقطة
ملاحظة
That purple box of consolidation of 154 weeks runs to Monday, 21 October 2024

we were not supposed to have broken out yet per the 4 year cycle
ملاحظة
escaping the purple box
for the banana zone
r u ready?
Bitcoin (Cryptocurrency)BTCBTCUSDeconomyPMITrend AnalysisWave Analysis

إخلاء المسؤولية