⚠️ Oil at $100 or Bitcoin at $80k? The crossroads of March.
Today the market wakes up with its eyes on the Strait of Hormuz. With the partial blockade and uncertainty about the duration of the conflict with Iran, oil $OIL is returning to levels we haven't seen since 2022.
Historically, expensive oil means inflation, and inflation usually brings fear to the markets. However, we are seeing something very curious in the last 48 hours: while the SP500 and Nasdaq show weakness, Bitcoin $BTC is holding above $72,000.
It seems that institutional capital no longer sees BTC merely as a "risk asset", but as a refuge against the fragility of traditional currencies in times of war.
My question for you today:
Do you think this rise in oil will force the Federal Reserve to raise interest rates again, or will Bitcoin finally decouple from the traditional market and follow its own upward path? 🚀 vs 🐻
👇$BTC
I read your comments! What position are you taking today? 👇
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