🚨 PMI business cycle just printed higher back above 55, as economic activity continues to expand! The first crypto bull market since 2020 is taking shape. This may be my most important crypto video of the year. I know the uncertainty in the world and market makes it seem like a bull market is impossible, but the market doesn’t wait for the world to feel safe. This activity we are seeing has not happened since entering the 2020 bull market. This is what I have been talking about all year long. By the time everyone agrees a bull market is possible, it may already be well underway. The crypto bull in the storm 0:00 War, oil and bonds 0:25 ISM hits 55.5 1:30 Business cycle holds 2:15 The end of QT 3:00 Copper vs gold 4:40 James Thorne 6:00 Curve and oil selloff 7:15 Crypto supercycle 7:50 What it means for alts 8:20 The risks 9:50 Final thoughts 10:30