🚨 GOLDMAN SACHS JUST DROPPED A BOMB 💣
They just raised their Brent oil forecast to $105 for December — up from $90.
Reason? Rising supply risks from a possible Middle East escalation after the US midterms.
Higher oil prices = higher inflation pressure.
And when inflation pressure rises, crypto markets usually feel the heat through increased volatility.
A lot of people used to say oil and crypto have nothing to do with each other.
Markets are starting to prove otherwise.
What do you think?
If oil pushes past $100, do you see Bitcoin holding strong or Alts getting hit harder?
Drop your take below 👇
#Oil #Bitcoin #Crypto #Macro #BinanceSquare
They just raised their Brent oil forecast to $105 for December — up from $90.
Reason? Rising supply risks from a possible Middle East escalation after the US midterms.
Higher oil prices = higher inflation pressure.
And when inflation pressure rises, crypto markets usually feel the heat through increased volatility.
A lot of people used to say oil and crypto have nothing to do with each other.
Markets are starting to prove otherwise.
What do you think?
If oil pushes past $100, do you see Bitcoin holding strong or Alts getting hit harder?
Drop your take below 👇
#Oil #Bitcoin #Crypto #Macro #BinanceSquare
