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ALØNDRACRYPTØ1
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Tension in the Strait of Hormuz: How does this affect our wallets and crypto?
The tension between the U.S. and Iran has escalated to a critical point and the Strait of Hormuz (through which a large part of the world's oil passes) is at the center of the storm.
- The conflict: After mutual warnings about attacks on power plants, the probability that the Strait will reopen before April has dramatically dropped to 31% (it was at 77% just a few days ago!).
- The domino effect: If the Strait closes, oil prices rise. And when oil prices rise, everything else (transportation, food, services) tends to rise as well.
How does this affect us in the crypto world?
In times of geopolitical uncertainty, markets tend to get very nervous.
1. Volatility: Bitcoin and other currencies may react with rapid declines if there is widespread fear in the world's stock markets.
2. Store of Value: On the other hand, many investors see Bitcoin as digital gold that does not depend on any government or ships in a strait. Historically, after the initial scare, BTC has proven to be a place where people seek to protect their capital.
Do not make hasty decisions based on last-minute news. The market hates uncertainty, but we operate with a cool mind.
- If you already have your positions, remain calm.
- If you are thinking about entering, wait to see how the price reacts at the support levels you have already studied.
Technology and cryptos give us a freedom that the physical world sometimes takes away. Let’s continue as victorious steps, informed but calm!
Do you think Bitcoin will act as a refuge this time or will we see a deeper correction?
#CriptoNoticias #Bitcoin #TrumpConsidersEndingIranConflict
{spot}(SOLUSDT)
{spot}(ETHUSDT)
{spot}(BTCUSDT)
Tension in the Strait of Hormuz: How does this affect our wallets and crypto?
The tension between the U.S. and Iran has escalated to a critical point and the Strait of Hormuz (through which a large part of the world's oil passes) is at the center of the storm.
- The conflict: After mutual warnings about attacks on power plants, the probability that the Strait will reopen before April has dramatically dropped to 31% (it was at 77% just a few days ago!).
- The domino effect: If the Strait closes, oil prices rise. And when oil prices rise, everything else (transportation, food, services) tends to rise as well.
How does this affect us in the crypto world?
In times of geopolitical uncertainty, markets tend to get very nervous.
1. Volatility: Bitcoin and other currencies may react with rapid declines if there is widespread fear in the world's stock markets.
2. Store of Value: On the other hand, many investors see Bitcoin as digital gold that does not depend on any government or ships in a strait. Historically, after the initial scare, BTC has proven to be a place where people seek to protect their capital.
Do not make hasty decisions based on last-minute news. The market hates uncertainty, but we operate with a cool mind.
- If you already have your positions, remain calm.
- If you are thinking about entering, wait to see how the price reacts at the support levels you have already studied.
Technology and cryptos give us a freedom that the physical world sometimes takes away. Let’s continue as victorious steps, informed but calm!
Do you think Bitcoin will act as a refuge this time or will we see a deeper correction?
#CriptoNoticias #Bitcoin #TrumpConsidersEndingIranConflict
{spot}(SOLUSDT)
{spot}(ETHUSDT)
{spot}(BTCUSDT)
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