💵 Financial Markets in “Risk-Off” Mode
As we predicted yesterday, the escalation between Israel and Iran is already strongly impacting the markets, but the behavior of $BTC draws attention.
📉 $BTC dropped to as low as US$ 103,000,
but, surprisingly, it continues to hold above US$ 100,000.
A sign of RESILIENCE amidst the chaos.
🛢️ Oil surged by up to 12.5% due to geopolitical fears.
🪙 The dollar, gold, and Swiss franc strengthened.
📉 Dow Jones fell by about 700 points.
In OUR crypto world:
• Altcoins suffered more, with liquidations exceeding US$ 1 billion. (I am in the red!)
• I believe that BTC remains well positioned to react if the conflict deepens or new sanctions are imposed.
🧭 In summary:
1️⃣ Risk aversion dominates the short term.
2️⃣ BTC shows a STRENGTH that many did not expect.
3️⃣ The next week will be decisive in determining whether the market will see Bitcoin as a refuge in chaotic scenarios or not.
📌 Volatility continues. But so far, BTC is HOLDING STRONG!!
