Internet reports that the ISM non-manufacturing PMI has historically been highly correlated with major highs in the Bitcoin market cycle-if this pattern emerges again, it may mean that this Bitcoin cycle will be longer than in the past. The correlation between the ISM PMI and the Bitcoin (BTC) price ($111,582) was initially promoted by Real Vision's Raoul Pal and was subsequently recognized among crypto analysts focusing on the macro. Analyst Colin Talks Crypto pointed out: "The tops of the past three rounds of bitcoin cycles have generally been consistent with this monthly volatility index." He mentioned the repeated overlap between Bitcoin market highs and PMI cyclical highs. If the relationship holds, Colin added,"it would mean that the duration of the Bitcoin cycle could be significantly longer than the historical average."