According to @BullTheoryio, the U.S. ISM Manufacturing PMI for November printed 48.2, signaling continued contraction per the Institute for Supply Management’s November 2025 Manufacturing ISM Report On Business and ISM’s methodology that classifies readings below 50 as contraction. The last two major altcoin runs coincided with ISM readings above 55 in 2017 and 2021, as evidenced by ISM historical PMI data and the surge in crypto market cap ex-BTC on TradingView’s TOTAL2 series during those periods. With PMI still sub-50, a prudent approach is to prioritize liquidity in majors like BTC and ETH and wait for a sustained PMI move back above 50 and toward 55 as allocation triggers, using ISM’s monthly releases and market breadth confirmation on TradingView. This framing keeps risk aligned with macro momentum, anchored to ISM data and cross-checked against historical crypto cycle behavior on TradingView.

According to @MI_Algos, their most reliable macro indicator in Bitcoin history has just issued a signal for BTC, announced on X on Nov 24, 2025. Source: Material Indicators (@MI_Algos) on X, 2025-11-24: https://twitter.com/MI_Algos/status/1993047812888813953 @MI_Algos provided a live broadcast link for traders to access full details and interpretation of the signal. Source: X broadcast shared by @MI_Algos: https://x.com/i/broadcasts/1MYxNljNLdNGw The tweet does not specify the indicator type, timeframe, or directional bias, indicating that specifics are confined to the broadcast content. Source: Material Indicators (@MI_Algos) on X: https://twitter.com/MI_Algos/status/1993047812888813953 and broadcast: https://x.com/i/broadcasts/1MYxNljNLdNGw

According to @milesdeutscher, the BTC price is closely tracking the direction of global M2 liquidity, with a BTC vs M2 chart playing out even if not point-for-point exact. Source: @milesdeutscher, X, Aug 12, 2025. He describes Bitcoin as a liquidity sponge, implying that expansions in global liquidity tend to support BTC while liquidity tightening creates headwinds. Source: @milesdeutscher, X, Aug 12, 2025. For trading, this positions global M2 trend as a macro indicator to monitor for BTC directional bias and risk management, aligning BTC with the global liquidity cycle. Source: @milesdeutscher, X, Aug 12, 2025.

According to Charles Edwards (@caprioleio), the Copper to Gold ratio shows Bitcoin is still far from a market top and is currently nearer a buy signal than a sell signal, indicating a risk-on backdrop supportive of BTC. Source: Charles Edwards (@caprioleio) on X, August 12, 2025.