#Bitcoin & The business cycle are intertwined!
Zaktualizowano
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.
Zlecenie aktywne
PMI pumped Bitcoin Pumped
Uwaga
Uwaga
PMI needs juicing FED needs to lower rates agressively
Uwaga
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
Uwaga
escaping the purple box
for the banana zone
r u ready?
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.