ISM Manufacturing PMI
Economic indicator for manufacturing sector
About the ISM Manufacturing PMI
The ISM Manufacturing Purchasing Managers' Index is a leading economic indicator based on surveys of over 400 manufacturing companies. For Bitcoin, it works as a contrarian timing signal.
Contrarian Timing for Bitcoin: Economic contraction suppresses Bitcoin prices but sets up future gains. Fed easing typically follows, creating ideal accumulation conditions. Not immediately bullish, but historically the best time to buy.
Economic contraction suppresses Bitcoin prices but sets up future gains. Fed easing typically follows, creating ideal accumulation conditions. Not immediately bullish, but historically the best time to buy.
Moderate expansion - economy recovering. Bitcoin often begins its bullish moves during this phase as liquidity increases.
Strong expansion drives bullish Bitcoin price action, but signals time to take profits. Fed tightening typically follows peak expansion, ending the bull run.
Note: This is a contrarian timing indicator. Accumulate during economic weakness when prices are suppressed. Distribute during economic strength when prices are elevated.