❤️ A bit of good news on BTC. In recent years, Bitcoin has proven to be more resilient than many traditional assets during times of crisis, and despite the escalating tensions, the market still has a chance of continuing its upward trend.
- 0 replies
- 0 recasts
- 0 reactions
🛢️ CL1 spiked to $120, now pulling back to $95. That's still +50% in a month. Goldman just revised their S&P target down, citing higher oil and weaker GDP. Meanwhile Bessent is out there saying prices will come back down on their own. The last time the market bet against a sticky supply shock, it took 18 months to fully reprice. If your portfolio isn't hedged for $90+ oil through summer, you're basically hoping geopolitics resolves itself. Good luck with that.
- 0 replies
- 0 recasts
- 0 reactions
$BTC bulls aren't so stupid to fall into the same trap again, are they? 🤭
- 0 replies
- 0 recasts
- 0 reactions