Every Bitcoin bull market has begun alongside an expansion of the… — BlockChainWORLD.ai - daily crypto and AI news and promos!

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Every Bitcoin bull market has begun alongside an expansion of the Fed’s balance sheet and growth in the U.S. manufacturing sector (ISM PMI) 🤑

Right now, the Fed is effectively conducting hidden QE to support the bond market, while the ISM PMI rose to 55.6 in July.

💬 This doesn’t mean Bitcoin is going to the moon tomorrow. In our view, late summer and early autumn could still be challenging for the crypto market. But the conditions for the next bull market are being created right now.

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