🚨 BITCOIN IS GETTING HIT BY A BIG MACRO PROBLEM
$BTC
Bitcoin is hovering around $79K, but the bigger story right now might not be crypto itself.
Oil is approaching $100 a barrel as Middle East tensions escalate, raising concerns about another wave of inflation. That matters because higher inflation could make central banks less willing to cut rates — or even push them toward tighter policy.
Bitcoin recently reached above $82K, but has since pulled back.
For now, I’m watching the Fed, inflation data and oil prices closely.
If inflation keeps rising, could that put another ceiling on BTC? 👀
Not financial advice. DYOR.
$BTC
Bitcoin is hovering around $79K, but the bigger story right now might not be crypto itself.
Oil is approaching $100 a barrel as Middle East tensions escalate, raising concerns about another wave of inflation. That matters because higher inflation could make central banks less willing to cut rates — or even push them toward tighter policy.
Bitcoin recently reached above $82K, but has since pulled back.
For now, I’m watching the Fed, inflation data and oil prices closely.
If inflation keeps rising, could that put another ceiling on BTC? 👀
Not financial advice. DYOR.