US Manufacturing PMI Hits 14-Month Low! đš Why this is a "Blessing" for Crypto? đ
Todayâs ISM Manufacturing PMI dropped to 47.9%, signaling economic contraction. While this looks bad for traditional markets, itâs historically bullish for Bitcoin and Altcoins! đđ
When the economy slows down, the Fed is forced to pivot toward faster rate cuts and liquidity injections (QE). đž Weâve seen this beforeâevery major crypto bull run followed aggressive liquidity support from the Fed.
If contraction continues and unemployment rises, expect massive cash flow back into the markets. đ I am watching every Fed move closely; the moment they hint at full QE, itâs time to load up just like March 2020! đŻđ
Stay ahead of the macro move! Monitor $BTC and $ETH closely here for the next big breakout! đđ