Hormuz threat = macro shock trigger. If Iran seriously blocks the Strait, oil explodes → inflation expectations spike → rate cut hopes get delayed. That’s bearish risk assets short-term but bullish hard assets mid-term. Markets will price stagflation fast. In crypto, first move is panic volatility, second move is BTC narrative as digital gold + capital flight hedge. Watch oil and bond yields — they’ll front-run crypto flows. 🎯 Target: BTC $100K on sustained oil breakout. $PAXG