Bloomberg reports: The Iran conflict has pushed oil prices higher, while oil prices in Asia have surged and Bitcoin has fallen to a nearly week-low. The dual impact of energy prices and U.S. Treasury yields has led to a repricing of risk assets. Macro funds are currently more focused on 'Oil ≈ Inflation Expectations', so even though BTC has a safe-haven narrative, it is difficult to stand out on its own. In the short term, focus on the triangular relationship between oil prices, the U.S. dollar, and BTC, then consider entry timing. #Bitcoin #Oil #Geopolitics