source avatarCarl Hutton

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ISM PMI New Release: August 54.6 Down from 55.6 Missed Forecast 55.2 Last cycle BTC bottomed in November 2022 near $16k as ISM was 49, then as Bitcoin turned up ISM continued to decline to 46. This cycle we are already at 54.6. Economy is expanding . This setup would suggest the low is in for Crypto.

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