Bitcoin vs. the Strait of Hormuz

One waterway. One-fifth of the world's seaborne oil. And it's now shaking your crypto portfolio.

After Trump rejected Iran's proposal to reopen Hormuz, BTC slid to ~$83K and the total market cap dipped to $2.86T.

Why crypto feels it:
🛢️ Oil up → inflation fears up
🏦 Fed rate hike bets rising
📉 Thin liquidity → sharp, sudden drops

Watch these levels:
🔻 Support: $83K
🔺 Resistance: $86K–$87K
📊 This week's US inflation & jobs data

Peace deal = relief rally. Escalation = more pain.

Are you buying the dip or waiting for clarity? 👇
#crypto #Geopolitics