Bitcoin’s price could follow ISM PMI, peaking in mid-2026. Institutional adoption and rising money supply boost Bitcoin’s bullish outlook. Bitcoin may experience moderate 50% drop before renewed bull market. Bitcoin (BTC) price trends are showing signs of an extended bull-market cycle, drawing parallels to the ISM Manufacturing PMI, according to experts. Raoul Pal, a prominent global macro investor, and Julien Bittel, head of asset allocation at EXPAAM, originally coined this correlation. Crypto analyst @ColinTCrypto on X has highlighted this link, suggesting Bitcoin’s future path will follow a similar pattern to that of the ISM Manufacturing PMI. Despite its steady growth, Bitcoin has yet to experience the euphoric rise seen in past bull markets. Analysts believe that the cryptocurrency is currently in the early stages of this cycle, with the peak potentially occurring around mid-2026. This outlook reflects a pattern historically influenced by the Kansas Fed Manufacturing Index, which has shown an upward trend, further supporting this bullish prediction. Bitcoin’s price cycle, traditionally tied to its halving events, may now shift from a four-year to a five-year pattern. This change could mark a deviation from the cryptocurrency’s typical four-year bullish-to-bearish transition. According to experts, Bitcoin’s price could avoid the massive 70% drawdowns it has previously faced, with a more moderate 50% drop expected before a renewed bull market takes off. Also Read: South Korea’s Cryptocurrency Tax Plan Faces Further Delays Amid Unresolved Issues Key Factors Supporting Bitcoin’s Bullish Sentiment The increased involvement of institutional investors has played a pivotal role in reinforcing Bitcoin’s midterm bullish outlook. A major example is Michael Saylor’s strategy, which has encouraged several publicly traded companies to accumulate significant amounts of BTC using leveraged credit markets. This growing institutional support highlights the confidence in Bitcoin’s long-term prospects. Additionally, on-chain data from Santiment indicates that the number of wallets holding at least 100 BTC has surged by 91 in just the past two weeks. This surge suggests a shift in market sentiment, with retail investors capitulating while whale investors take advantage of the opportunities. This trend is seen as another strong indicator of an impending bullish phase. The number of wallets holding at least 100 Bitcoin has risen by +0.47% (91 wallets) since November 11th. Meanwhile, small wallets (especially 0.1 $BTC or less) have been shrinking in number. Retail capitulation will generally play out well for crypto prices in the long run. pic.twitter.com/I0C6EV24QV — Santiment (@santimentfeed) November 25, 2025 The global money supply continues to rise, fueling optimism for Bitcoin’s growth. With the Federal Reserve set to initiate its Quantitative Easing (QE) program in the coming weeks, there is an expectation that more liquidity will flow into Bitcoin and other cryptocurrencies. Historically, such actions have been followed by increased market demand, providing additional support for the long-term bullish outlook. As Bitcoin’s correlation with the ISM Manufacturing PMI continues to shape the market sentiment, investors will be watching closely for signs of the next phase in this cycle. Also Read: Here’s How All XRP ETFs Have Performed So Far – Impressive or Not? The post Bitcoin’s Bullish Outlook Mirrors ISM Manufacturing PMI Cycle, Experts Say appeared first on 36Crypto. Bitcoin’s price could follow ISM PMI, peaking in mid-2026. Institutional adoption and rising money supply boost Bitcoin’s bullish outlook. Bitcoin may experience moderate 50% drop before renewed bull market. Bitcoin (BTC) price trends are showing signs of an extended bull-market cycle, drawing parallels to the ISM Manufacturing PMI, according to experts. Raoul Pal, a prominent global macro investor, and Julien Bittel, head of asset allocation at EXPAAM, originally coined this correlation. Crypto analyst @ColinTCrypto on X has highlighted this link, suggesting Bitcoin’s future path will follow a similar pattern to that of the ISM Manufacturing PMI. Despite its steady growth, Bitcoin has yet to experience the euphoric rise seen in past bull markets. Analysts believe that the cryptocurrency is currently in the early stages of this cycle, with the peak potentially occurring around mid-2026. This outlook reflects a pattern historically influenced by the Kansas Fed Manufacturing Index, which has shown an upward trend, further supporting this bullish prediction. Bitcoin’s price cycle, traditionally tied to its halving events, may now shift from a four-year to a five-year pattern. This change could mark a deviation from the cryptocurrency’s typical four-year bullish-to-bearish transition. According to experts, Bitcoin’s price could avoid the massive 70% drawdowns it has previously faced, with a more moderate 50% drop expected before a renewed bull market takes off. Also Read: South Korea’s Cryptocurrency Tax Plan Faces Further Delays Amid Unresolved Issues Key Factors Supporting Bitcoin’s Bullish Sentiment The increased involvement of institutional investors has played a pivotal role in reinforcing Bitcoin’s midterm bullish outlook. A major example is Michael Saylor’s strategy, which has encouraged several publicly traded companies to accumulate significant amounts of BTC using leveraged credit markets. This growing institutional support highlights the confidence in Bitcoin’s long-term prospects. Additionally, on-chain data from Santiment indicates that the number of wallets holding at least 100 BTC has surged by 91 in just the past two weeks. This surge suggests a shift in market sentiment, with retail investors capitulating while whale investors take advantage of the opportunities. This trend is seen as another strong indicator of an impending bullish phase. The number of wallets holding at least 100 Bitcoin has risen by +0.47% (91 wallets) since November 11th. Meanwhile, small wallets (especially 0.1 $BTC or less) have been shrinking in number. Retail capitulation will generally play out well for crypto prices in the long run. pic.twitter.com/I0C6EV24QV — Santiment (@santimentfeed) November 25, 2025 The global money supply continues to rise, fueling optimism for Bitcoin’s growth. With the Federal Reserve set to initiate its Quantitative Easing (QE) program in the coming weeks, there is an expectation that more liquidity will flow into Bitcoin and other cryptocurrencies. Historically, such actions have been followed by increased market demand, providing additional support for the long-term bullish outlook. As Bitcoin’s correlation with the ISM Manufacturing PMI continues to shape the market sentiment, investors will be watching closely for signs of the next phase in this cycle. Also Read: Here’s How All XRP ETFs Have Performed So Far – Impressive or Not? The post Bitcoin’s Bullish Outlook Mirrors ISM Manufacturing PMI Cycle, Experts Say appeared first on 36Crypto.