Oil prices have exploded again—should $BTC do something about it?
Tonight’s U.S. market made my blood pressure run a bit high. WTI touched 92 dollars, Brent surged straight through 100. Even BofA is being extra—said Iran won’t calm down, and oil could hit 150.
The Strait of Hormuz is being held tightly by Iran. Oil tanker freight has spiked to 1.2 million U.S. dollars per day—an all-time record. And Trump’s camp is also mulling a ban on diesel exports—diesel is already 6.53 dollars per gallon. I figure Americans should probably take a deep breath before they fill up.
Here’s my take: at this level of geopolitical conflict, in the short term it may not necessarily be bad for $BTC . When wars reach this stage, inflation expectations get pushed up, the confidence in fiat currency gets rubbed raw again and again, and even gold is above 4300. People are starting to talk up the “digital gold” narrative again. But don’t get carried away—if oil keeps running wild and rate-hike expectations kick in, risk assets will get hit too, and $BTC won’t be able to escape it either.
Oh, by the way: Binance Alpha connected to CYPHB, AGPUB, and AMCB bStocks today. The U.S. stock tokenization space is worth keeping an eye on.
My action in one sentence: when volatility is high, keep your position sizing steady; if you can avoid leverage, don’t use it.
NFA DYOR
#BTC #加密货币 #地缘政治 #币安广场 #U.S. stock tokenization
Tonight’s U.S. market made my blood pressure run a bit high. WTI touched 92 dollars, Brent surged straight through 100. Even BofA is being extra—said Iran won’t calm down, and oil could hit 150.
The Strait of Hormuz is being held tightly by Iran. Oil tanker freight has spiked to 1.2 million U.S. dollars per day—an all-time record. And Trump’s camp is also mulling a ban on diesel exports—diesel is already 6.53 dollars per gallon. I figure Americans should probably take a deep breath before they fill up.
Here’s my take: at this level of geopolitical conflict, in the short term it may not necessarily be bad for $BTC . When wars reach this stage, inflation expectations get pushed up, the confidence in fiat currency gets rubbed raw again and again, and even gold is above 4300. People are starting to talk up the “digital gold” narrative again. But don’t get carried away—if oil keeps running wild and rate-hike expectations kick in, risk assets will get hit too, and $BTC won’t be able to escape it either.
Oh, by the way: Binance Alpha connected to CYPHB, AGPUB, and AMCB bStocks today. The U.S. stock tokenization space is worth keeping an eye on.
My action in one sentence: when volatility is high, keep your position sizing steady; if you can avoid leverage, don’t use it.
NFA DYOR
#BTC #加密货币 #地缘政治 #币安广场 #U.S. stock tokenization