🇺🇸Trump gave traders another reason to watch oil.
“The Strait of Hormuz is American territory.”
If that rhetoric turns into action, the market won’t care about your BTC support line.
Trump + Iran + Hormuz.
Three things traders should probably not ignore right now.
If tensions escalate around the Strait, oil becomes the pressure point.
And when oil moves violently, the Fed, bonds, equities and BTC all get dragged into the conversation.
“The Strait of Hormuz is American territory.”
If that rhetoric turns into action, the market won’t care about your BTC support line.
Trump + Iran + Hormuz.
Three things traders should probably not ignore right now.
If tensions escalate around the Strait, oil becomes the pressure point.
And when oil moves violently, the Fed, bonds, equities and BTC all get dragged into the conversation.