ISM PMI Nears 55 as Trump Floats 20% GDP Growth
Crypto has never traded through a PMI regime above 65; the closest analog on record is the 1950 Korean War boom, when Q1 GDP grew 16.7% annualized and the index hit 77.5.
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Crypto has never traded through a PMI regime above 65; the closest analog on record is the 1950 Korean War boom, when Q1 GDP grew 16.7% annualized and the index hit 77.5.
The macro indicator has tracked prior altcoin seasons, challenging traders who expect the four-year cycle to deliver an October low.
The thesis argues the macro cycle, not the four-year halving, drives altcoin rotations: two prior altcoin seasons ignited within months of PMI prints above 55, and the current 53.3 reading sits just…