The renewed US-Iran conflict has all major economies commenting on higher expected inflation and higher prices.
From the chart we can see that OIL has not moved much, indicating that something has stopped the price from rising further.
Even if it moves to the maximum, I see the oil price rise could be around 97.50 before it falls again. OIL could fall even earlier before reaching 97.50.
BTC
64,041.43
-2.50%
Trump and all major economies want the oil price to fall and I think that maybe Trump will make comments or other agreements to stop the price.
#BitcoinBiggestHoldersStopBuying
However, this is just my personal opinion.
Targets 88.8; 86.50 and 80.50
You can find more details on the chart.
Thank you and good luck!
Best Regards, Trade Cryptocurrency