đš$BTC SIGNAL â THE OIL CRISIS IS BACK â A BIG PROBLEM FOR THE FED đ
Crude oil is soaring đ
WTI is up ~34% and Brent ~33% from their July lows in just three weeks.
The reason? Rising tensions in the Middle East and renewed risks around the Strait of Hormuz.
Higher oil means higher inflation, making it harder for the Fed to cut rates.
And if rate cuts are delayed, Bitcoin and equities could remain under pressure.
Until this situation is resolved, I believe the bear market isn't over.
Crude oil is soaring đ
WTI is up ~34% and Brent ~33% from their July lows in just three weeks.
The reason? Rising tensions in the Middle East and renewed risks around the Strait of Hormuz.
Higher oil means higher inflation, making it harder for the Fed to cut rates.
And if rate cuts are delayed, Bitcoin and equities could remain under pressure.
Until this situation is resolved, I believe the bear market isn't over.