# oil.

Hormuz has opened.
If oil consolidates below 80, then there's a chance of a localized run on many assets.
But without consolidation, it's still a flimsy structure and could collapse at any moment.
Globally, macroeconomics isn't so good; I'm sure you know about inflation and other negative metrics.
Therefore, the current run looks more like an exit pump across all markets.
This isn't good for crypto; random pumps will continue, like Asteroid today.
But risk/reward has long been on traders' side.
The best thing you can do is accumulate Bitcoin and observe the market from the sidelines.
#btc $GT

Don't forget to scalping on #oil. I made 20K from oil
#GateSquareAprilPostingChallenge

🚨BREAKING:
Iran has vowed to block shipping through the Bab el-Mandeb Strait in the Gulf of Aden.
If this happens, oil could hit $150 a barrel.
#WinGoldBarsWithGrowthPoints #BitcoinWeakens #TrumpExtendsStrikeDelay10Days #oil. #Crudeoil