Does #Bitcoin relate to US ISM & the business cycle? Short answer: Yes. When ISM bottoms, $BTC looks for it's next leg up.

Let's take a look at an actual chart. You can track this yourself on TradingView via: ECONOMICS-USBCOI. 👇

What is the ISM & why is it important?

The ISM Index is a # that tells us how 'busy' factories are in the United States. When the ISM is high (above 50), it signals economic growth, while a low ISM (below 50) points to contraction.
#Bitcoin #BTC