US Manufacturing Weakness Could Delay Bitcoin’s Next Bull Peak
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The ISM Manufacturing PMI — a measure of U.S. factory health — has stayed below 50 for seven straight months, indicating contraction.
Historically, a rebound above 50 signals renewed economic expansion — and has often coincided with stronger Bitcoin performance.
Earlier this year, the PMI briefly topped 50 before falling back, highlighting persistent weakness in the industrial sector.
If history repeats, Bitcoin’s next macro peak may not emerge until the PMI decisively recovers, suggesting the crypto market could be in a longer consolidation phase before its next major surge.