FTradeX

#OilReclaims$70 Oil is now above 70 dollars.. Is this the biggest trap ? Oil has gone back up to 70 dollar. Do not think that this means everything is okay now. The price of oil just went up a little because of some news from the Middle East. When you look at the picture it is still not good for people who buy oil. There are talks about peace between the United States and Iran and oil is flowing normally through the Strait of Hormuz. Also there is oil in the world which makes it less likely that the price will go up. If the price of oil goes back down to 55 to 60 dollars it could help with inflation. This means that people might expect the interest rates to go down which could be good, for people who buy BTC, ETH and SOL. Is 70 dollars a price to buy oil or is it a good time to sell? Share what you think. #oil #Khan62 #BTC #ETH $BTC $CL $ETH