#Bitcoin & The business cycle are intertwined!
מעודכן
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.
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.
עסקה פעילה
PMI pumped Bitcoin Pumped
הערה
הערה
PMI needs juicing FED needs to lower rates agressively
הערה
That purple box of consolidation of 154 weeks runs to Monday, 21 October 2024we were not supposed to have broken out yet per the 4 year cycle
הערה
escaping the purple box
for the banana zone
r u ready?
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.