š¢ļø A few days ago everyone was talking about oil above $100... today itās down close to 6%.
Thatās how fast the market changes.
The biggest moves donāt usually punish someone for being wrong once, but rather the person who makes impulsive decisions out of FOMO or panic.
š A drop in oil can ease inflation expectations and change the narrative around interest rates. And when the macro narrative shifts, Bitcoin and crypto react too.
š You can choose only one option:
š¢ A) The drop in oil is good news for Bitcoin.
š“ B) It wonāt have a relevant impact on the crypto market.
š¬ Defend your position in the comments. I want to read arguments, not just answers.
š Follow me if you want to understand how macroeconomic news ends up moving the crypto market.
#OilDropsAbout6% #Bitcoin #Macro #Crypto #BinanceSquare
Thatās how fast the market changes.
The biggest moves donāt usually punish someone for being wrong once, but rather the person who makes impulsive decisions out of FOMO or panic.
š A drop in oil can ease inflation expectations and change the narrative around interest rates. And when the macro narrative shifts, Bitcoin and crypto react too.
š You can choose only one option:
š¢ A) The drop in oil is good news for Bitcoin.
š“ B) It wonāt have a relevant impact on the crypto market.
š¬ Defend your position in the comments. I want to read arguments, not just answers.
š Follow me if you want to understand how macroeconomic news ends up moving the crypto market.
#OilDropsAbout6% #Bitcoin #Macro #Crypto #BinanceSquare