Bitcoin recorded a rare two-block chain reorganization on Monday, quickly 
resolving a brief split between major mining pools without disrupting users or 
funds. Foundry USA Extends Lead in Bitcoin Reorg Race The event unfolded 
around block height 941880 on March 23, when competing blocks were mined 
nearly simultaneously, creating a temporary fork between chains led […]

Bitcoin Logs Rare Two-Block Reorg as Mining Pools Clash—Network Shrugs It Off

Bitcoin’s price action is looking uncertain on the surface, but one crypto 
analyst believes the real story is playing out far from the charts that most 
traders are watching. According to crypto analyst Crypto Tice, all of that 
Bitcoin price noise obscures a single, quietly reliable signal that has 
accurately traced out every major Bitcoin cycle in history: the Purchasing 
Managers&#8217; Index. In a post on X, Tice noted that the PMI cycle is the only one 
that matters, and right now, it is flashing. The PMI Cycle Has Defined Every 
Bitcoin Bottom The PMI is a monthly economic indicator that tracks business 
activity across manufacturing and services sectors. On the surface, this may 
seem disconnected from the crypto market. However, the analyst&#8217;s outlook on 
the PMI is grounded in historical repetition: Bitcoin tends to form its most 
important lows when PMI is contracting, not when optimism is high. Related 
Reading: Breaking Down The $100 XRP Prophecy: Is There A Timeline? During 
these contraction phases, liquidity quietly grows in the background. The 
crypto market appears weak, sentiment turns negative, and price action stalls 
or drifts lower. But this is the exact period where long-term accumulation has 
always taken place for Bitcoin. As shown in the chart below, each major 
Bitcoin cycle shows green zones forming during periods of PMI contraction, 
followed by strong upward expansions once conditions change. These conditions 
are based on previous market bottoms, with examples being the accumulation 
ranges before the 2017 and 2021 rallies. Green-shaded zones labeled “scale 
out” periods consistently correspond with peak price phases across multiple 
cycles in 2013, 2017, and 2021. Red-shaded “scale in” zones, by contrast, 
highlight the accumulation floors. Bitcoin Price Chart. Source: @CryptoTice_ 
On X What The PMI Indicator Is Saying Now At the time of writing, the 
Purchasing Managers&#8217; Index is sitting at a reading just above 48, which is 
bordering below the expansion signal reading of 50. What this means is that 
Bitcoin is currently sitting in the early phase of the PMI, which is the same 
structural zone that preceded each of the major rallies catalogued in the 
chart above. Related Reading: 4 Bitcoin Targets To Be On The Lookout For As 
Price Retests S/R Zone The indicator on the chart is positioned in a red 
accumulation zone and is expected to resolve to the upside over the coming 
months. According to the analyst, Bitcoin is currently in the exact same zone 
that marked every major buy window in history. However, this current 
accumulation zone won&#8217;t be available much longer. Bitcoin is currently trading 
at $71,070 with a 3.8% increase in the past 24 hours. It has spent quite a bit 
of time trading around $70,000, which is giving more credit to the idea that 
it has already bottomed. Notably, some analysts have begun pointing to this 
possibility. However, Bitcoin is still dealing with investor fear sentiment. 
Bitcoin sentiment is now back in fear, just days after showing signs of 
recovery. Featured image created with Dall.E, chart from Tradingview.com

Bitcoin PMI Cycle Is The Only Signal That Matters, Analyst Explains Why

Securitize will become NYSE’s first digital transfer agent to mint blockchain- 
based shares of stocks and develop standards for compliant tokenized stock 
issuance.

NYSE taps Securitize for 24/7 tokenized securities platform

Solana is aiming to attract enterprises and financial institutions to its 
ecosystem through a new unified developer platform, which is focused on 
tokenization and stablecoins.

Solana lands Mastercard, Western Union on new dev platform

Mastercard’s planned BVNK acquisition highlights a shift toward infrastructure 
over token issuance, reflecting how major payment firms are approaching 
stablecoins.

Cryptocurrency price in MYR