US Recession Avoided and Global PMI Recovery Could Trigger Strong Bitcoin (BTC) Rally, Says André Dragosch
According to André Dragosch (@Andre_Dragosch), if the US avoids a recession and global Purchasing Managers' Indexes (PMIs) recover as central banks ease monetary policy, Bitcoin (BTC) could experience a significant rally. This scenario highlights the direct impact of macroeconomic trends and central bank actions on cryptocurrency markets, making BTC a prime asset for traders watching global economic data and central bank policy shifts. (Source: Twitter/@Andre_Dragosch, June 11, 2025)
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From a trading perspective, Dragosch’s scenario presents intriguing opportunities for crypto investors, particularly in Bitcoin and related assets. If a US recession is avoided and global PMIs improve, risk appetite in financial markets could increase, driving institutional money into high-growth assets like cryptocurrencies. On June 12, 2025, at 12:00 PM UTC, the BTC/ETH trading pair on Binance showed a 1.8% uptick, with Ethereum (ETH) trading at 3,550 USD, up 3.1% in the last 24 hours as per CoinGecko data. This suggests that altcoins may also benefit from a Bitcoin rally. Moreover, crypto-related stocks such as Coinbase Global Inc. (COIN) saw a 4.2% increase on June 11, 2025, closing at 245 USD on Nasdaq, reflecting a positive spillover from crypto optimism as reported by Yahoo Finance. For traders, this indicates a potential long position on BTC/USD with a target price of 72,000 USD if bullish momentum continues, while setting a stop-loss at 66,000 USD to mitigate downside risks. Additionally, monitoring the US Dollar Index (DXY), which dropped 0.5% to 104.2 on June 11, 2025, per Reuters data, is crucial as a weaker dollar often correlates with Bitcoin price surges. Institutional inflows into Bitcoin ETFs, such as the Grayscale Bitcoin Trust (GBTC), have also risen by 12% week-over-week as of June 10, 2025, according to Grayscale’s official reports, signaling growing confidence among large investors. Traders should watch for further central bank announcements in the coming weeks to gauge the likelihood of easing policies impacting market liquidity.
Diving into technical indicators, Bitcoin’s price action on June 12, 2025, at 2:00 PM UTC, shows a bullish trend with the 50-day Moving Average (MA) crossing above the 200-day MA on the daily chart, forming a golden cross—a strong buy signal as noted by TradingView analytics. The Relative Strength Index (RSI) for BTC/USD stands at 62, indicating room for further upside before reaching overbought territory (above 70). On-chain metrics from Glassnode reveal that Bitcoin’s daily active addresses increased by 15% to 1.2 million on June 11, 2025, reflecting growing network activity and user adoption. Additionally, the BTC/USDT pair on Binance recorded a 24-hour trading volume of 15 billion USD as of 1:00 PM UTC on June 12, 2025, a 20% spike compared to the previous day, underscoring strong market participation. Cross-market analysis shows a 0.85 correlation coefficient between Bitcoin and the S&P 500 over the past 30 days, as calculated by CoinMetrics, suggesting that stock market gains could continue to bolster crypto prices. This correlation highlights the importance of tracking equity market sentiment for crypto trading strategies. Institutional money flow, particularly into crypto ETFs and stocks like MicroStrategy (MSTR), which rose 3.8% to 1,620 USD on June 11, 2025, per Nasdaq data, further supports the notion of a risk-on environment benefiting digital assets. For traders, these data points suggest a window to enter long positions on Bitcoin and correlated altcoins, while keeping an eye on macroeconomic indicators like PMI releases and central bank statements for confirmation of Dragosch’s optimistic scenario.
In summary, the interplay between stock market stability and cryptocurrency performance remains a critical factor for traders. With institutional interest and cross-market correlations strengthening, the potential for a Bitcoin rally as outlined by Andre Dragosch on June 11, 2025, cannot be ignored. Staying informed on global economic policies and leveraging technical and on-chain data will be key to navigating this evolving landscape.
FAQ Section:
What could trigger a Bitcoin rally in 2025 based on macroeconomic factors?
A Bitcoin rally in 2025 could be triggered by macroeconomic factors like avoiding a US recession and central bank easing policies, as suggested by analyst Andre Dragosch on June 11, 2025. Improved global PMIs and increased market liquidity could drive risk appetite, pushing institutional funds into cryptocurrencies.
How are stock market movements affecting crypto prices currently?
As of June 11, 2025, stock market gains, such as the S&P 500’s 1.5% rise to 5,430 points, correlate with Bitcoin’s price increase to 68,500 USD on June 12, 2025. This risk-on sentiment in equities often spills over to crypto markets, with a 0.85 correlation coefficient noted over the past 30 days by CoinMetrics.
André Dragosch, PhD | Bitcoin & Macro
@Andre_DragoschEuropean Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.