🛢️ $WTI crude ripping +3% past $85
US-Iran tensions heating up again. Market's pricing in Strait of Hormuz disruption risk.
20% of global oil flows through that chokepoint. Any blockage = supply shock = inflation spike = risk-off across all markets.
Watch crypto correlation here. If oil keeps pumping, macro liquidity tightens and risk assets (including $BTC) could catch a bid as inflation hedge OR dump if Fed stays hawkish.
Either way, volatility incoming. Position accordingly.
US-Iran tensions heating up again. Market's pricing in Strait of Hormuz disruption risk.
20% of global oil flows through that chokepoint. Any blockage = supply shock = inflation spike = risk-off across all markets.
Watch crypto correlation here. If oil keeps pumping, macro liquidity tightens and risk assets (including $BTC) could catch a bid as inflation hedge OR dump if Fed stays hawkish.
Either way, volatility incoming. Position accordingly.
