OIL SHOCKWAVE HITS RISK MARKETS
$BTC ⚠️
Brent crude is sitting near $109.26 after an 80% YTD surge, with Wall Street desks warning that prolonged Strait of Hormuz disruption could push prices toward $120-$130 by late June to early July.
Institutions are lifting oil expectations as supply stress tightens, raising pressure on consumer costs, industrial margins, inflation outlooks, and risk assets across crypto and equities.
This is macro heat hitting the tape fast.
Higher energy costs can keep inflation sticky and delay risk-on conviction. Watch liquidity, funding, and volatility closely.
$BTC and
$ETH will trade the shock before headlines cool.
Not financial advice. Manage your risk.
#BTC #ETH #Crypto #macroeconomic #Oil 🚀