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georisk

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The biggest wildcard this weekend: Trump again floated a “small-scale Operation Epic Fury” against Iran, and U.S. officials say “Iran could be struck this weekend.” Not acting before the midterm elections is the politically correct move, but as soon as talk of “striking Iran this weekend” surfaced, the market sold off first and asked questions later. With this kind of tail risk, don’t go too heavy on positions. Whether $BTC 80K can hold depends half on the Fed and half on Trump’s tweets. Brent crude is above $116, with oil prices and geopolitics pinning risk assets to the floor. Trade cautiously. #crypto #GeoRisk
The biggest wildcard this weekend: Trump again floated a “small-scale Operation Epic Fury” against Iran, and U.S. officials say “Iran could be struck this weekend.”

Not acting before the midterm elections is the politically correct move, but as soon as talk of “striking Iran this weekend” surfaced, the market sold off first and asked questions later. With this kind of tail risk, don’t go too heavy on positions.

Whether $BTC 80K can hold depends half on the Fed and half on Trump’s tweets. Brent crude is above $116, with oil prices and geopolitics pinning risk assets to the floor. Trade cautiously.

#crypto #GeoRisk
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Bearish
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Bearish
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