ISM Non-Manufacturing PMI Indicates Bitcoin Cycle May Extend Beyond Historical Levels

Jinse Finance reported that the ISM Non-Manufacturing PMI has historically been highly correlated with the major peaks of the Bitcoin market cycle—if this pattern occurs again, it could mean that the current Bitcoin cycle will last longer than previous ones. The correlation between the ISM PMI and Bitcoin (BTC) price ($111,582) was initially promoted by Raoul Pal of Real Vision and later recognized by macro-focused crypto analysts. Analyst Colin Talks Crypto pointed out: "The tops of the last three Bitcoin cycles have largely coincided with this monthly oscillating index." He mentioned that there is a recurring overlap between Bitcoin market highs and cyclical highs of the PMI. If this relationship holds, Colin added, "it would mean that the duration of the Bitcoin cycle could be significantly longer than the historical average."