Citing 36 Crypto, Bitcoin's price trajectory is being compared to the ISM Manufacturing PMI cycle, with experts predicting a peak in mid-2026. Institutional adoption and rising global money supply are cited as key bullish factors. Analysts suggest Bitcoin may face a moderate 50% drop before entering a renewed bull market. Raoul Pal and Julien Bittel first proposed the correlation, with on-chain data showing a 91-wallet increase in addresses holding at least 100 BTC in two weeks. The Federal Reserve's upcoming QE program is also expected to inject liquidity into the crypto market.
Bitcoin's Bullish Outlook Linked to ISM PMI Cycle, Expected to Peak in Mid-2026
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