Oil price expectations have been raised another notch
Goldman Sachs has raised its December Brent crude forecast to $90, while keeping its 2027 baseline average at $80. It also laid out extreme scenarios: if Gulf output falls by 5 million barrels a day, Brent could surge to $125; if it rises by 1 million barrels, prices could drop back to the $60s.
Another leg up in oil prices would bring inflation expectations back, disrupt the pace of rate cuts, and hit risk assets first. BTC has remained linked to macro trends over the past six months, so don’t assume it’s unaffected.
If oil really hits $125, do you think BTC will plunge back to $70,000 or go straight to a new high? Pick a side in the comments.
$BTC $ETH $SOL
#比特币 #CrudeOil
Goldman Sachs has raised its December Brent crude forecast to $90, while keeping its 2027 baseline average at $80. It also laid out extreme scenarios: if Gulf output falls by 5 million barrels a day, Brent could surge to $125; if it rises by 1 million barrels, prices could drop back to the $60s.
Another leg up in oil prices would bring inflation expectations back, disrupt the pace of rate cuts, and hit risk assets first. BTC has remained linked to macro trends over the past six months, so don’t assume it’s unaffected.
If oil really hits $125, do you think BTC will plunge back to $70,000 or go straight to a new high? Pick a side in the comments.
$BTC $ETH $SOL
#比特币 #CrudeOil