Weak US ISM Manufacturing PMI Extend Bitcoin Market Cycle
US ISM Manufacturing PMI don dey below 50 threshold for seven months straight, mean say manufacturing sector still dey contract and e face big macroeconomic wahala. Historically, wen ISM Manufacturing PMI dey peak, e dey match wit Bitcoin market cycle peaks. Dis continuous PMI weakness fit mean say dis Bitcoin cycle fit last pass di usual four-year halving timeline, fit delay peak price till late 2025 or later. Even though September PMI report show small rise, input prices dey go up plus export and import dey continue to drop, show say recovery no balance because of high tariffs and trade wahala. Traders suppose dey watch if PMI fit maintain above 50, e fit trigger renewed Bitcoin momentum. For now, manufacturing softness go still make market dey volatile and encourage wait-and-see strategy based on data.
Bearish
Di persisten contraction for ISM Manufacturing PMI dey show say macroeconomic pressure go last longer, e dey delay traditional Bitcoin cycle catalysts like post-halving rallies. Historical connection wey dey between PMI peaks and Bitcoin highs mean say peak prices no go show until late 2025 or later. Dis ongoing weakness fit reduce risk appetite and make new people no wan enter market, e go increase short-term volatility and fit delay upward movement. For long term, Bitcoin market cycle fit stretch pass normal patterns, but market response immediately go weak. Traders suppose ready for slow price action until clear PMI rebound happen.