Analysis: If oil prices rise to $180, BTC may drop to $51,000
ChainCatcher reports that if oil prices rise to $180 in the coming months, BTC may face pressure.
Energy data tracking agency Vortexa expects that oil shipments through the Strait of Hormuz will drop to about 7.5 million barrels per day, a trend that could push up inflation, delay interest rate cuts, and tighten liquidity. Against this backdrop, BTC may fall to $51,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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