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This video explores a compelling correlation between past BTC price cycles and the United States PMI (Purchasing Managers Index), using chart analysis of data going back to 2011. We discuss how these economic indicators might explain the current absence of a major top signal, examining the broader business cycle and its impact on bitcoin analysis.
EXPLAINS WHY:
NO ALTSEASON โ
NO EUPHORIA โ
NO TOP SIGNAL โ
NO BLOW-OFF TOP โ
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Disclaimer: This video is not financial or investment advice. Do not buy, sell or trade cryptocurrency, or make any financial decisions based on the content of this video. I am merely sharing what I have learned and observed, and what I would do in various situations, as an educational tool only. Always do your own due diligence before making your own financial or investment decisions!
#bitcoin #btc #crypto #cryptocurrency #cbbi #news #blockchain #price
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