Bitcoin trend analysis for Monday December 2, 2024 (for all in the world)

In December this, Bitcoin is predicted to remain on target to increase by $125K before Christmas 2024. This optimistic analysis is due to the many FOMO of government institutions to make Bitcoin their country's Strategic Reserve because the dollar has a rival, namely BRICS. and second analysis: China, which is still waiting for the Fed to reduce interest rates even more, will hold back Chinese stimulus until January.

The simple analysis formula is like this, 2 important announcement points data that influence bitcoin movements December 2, 2024:(prediction Bitcoin 12/2/2024): 

point 1. Caixin Manufacturing PMI announcement :

If China advances, the US will retreat. If the US advances, China dont can advances. So the retreat explanation for the US factory is the progress of the Chinese factory. The numbers can be seen on Caixin PMI. Caixin PMI is a survey of factory spending in China, Caixin is dominant in exports, that's many expert why always compare it with the US PMI. many expert predict that China's Caixin PMI will rise due to the gradual stimulus carried out by the Minister Finance of china. If Caixin PMI goes up, then Bitcoin goes up, why? Because the rise of the Chinese economy can weak Dollar and the weakening of the Dollar are food for Bitcoin. (Bitcoin is new weapons for greating economic for new era, many country gov dont want be late for start).

point 2. ISM Manufacturing PMI announcement :

If China's Caixin PMI rises, then the US PMI falls. The reason is that the earth is one, the clients are the same, namely humans. But the US ISM PMI figure of 46.5% is already low and has been for months, so it should be time to go up. Is it because the economy is going up? If the economy is indeed rising, then DXY will rise without having to increase debt. Many experts predict that the US PMI will rise but not by 50%. Anything below 50% is bad.