PMI near 48 signals Bitcoin accumulation ahead of next rally
PMI near 48 puts Bitcoin in historical accumulation zone, says Crypto Tice
Crypto Tice says the PMI signal is flashing. He ties every Bitcoin bottom to PMI contraction. Source.
Price looks choppy. NewsBTC notes uncertainty near $72k.
The thesis is simple. PMI down. Accumulation up. Then expansion. Chart on X.
Crypto Tice calls PMI “the only one that matters.” He says it’s flashing now. His view via NewsBTC.
PMI sits just above 48. That is below 50 expansion. He maps this to early-cycle accumulation. PMI read and zones.
Green zones mark scale-out peaks. Red zones mark scale-in floors. He shows 2013, 2017, 2021. Cycle examples.
He adds a liquidity angle. Liquidity builds during PMI contraction. Sentiment sours. Smart money accumulates. Bitcoinist on liquidity.
Price hovered around $70k for days. Some think the macro bottom is set. Range evidence. Bottom talk.
Fear returned this week. Sentiment slipped back to fear. Sentiment data.
Cycle chart and zones by Crypto Tice
- PMI just above 48 signals contraction phase per chart
- Analyst links PMI troughs to Bitcoin lows historically
- Market trades near $70k range recent range
- Fear dominates sentiment this week sentiment read
