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The Real War Is Monetary: What $150 Oil Could Mean for
Bitcoin
| The Weekly for Jun 23
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“Do you hear that? It’s the money printers revving up to do their patriotic duty.” Arthur Hayes @CryptoHayes weighs in after Bitcoin briefly dipped below $100K - before bouncing back above $100,700. Hayes calls the weakness temporary, and says Bitcoin will reaffirm its status as the ultimate safe haven.
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“Do you hear that? It’s the money printers revving up to do their patriotic duty.” Arthur Hayes @CryptoHayes weighs in after Bitcoin briefly dipped below $100K - before bouncing back above $100,700. He calls the weakness temporary, and says Bitcoin will reaffirm its status as the ultimate safe haven.
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🚨 Oil on edge, Strait of Hormuz in play. Goldman Sachs strategists see high crude prices coming! 🌊 • Goldman maps $150 oil scenario. • Iran’s closure odds fell to 34%. • $1.83M bet rides on the strait decision
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Bitcoin community split after drop below $100K. 🌍🪙 • Bitcoiners call it a buying opportunity. • “You have no idea what you own,” says @jameslavish. • Several staunch believers stay unfazed.
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📉 Bitcoin slipped under $100K as traders piled into options bets following U.S. involvement in the Middle East. • BTC $95K puts lead volume. • ETH puts dominate near-term trades. • Calls still outweigh puts overall.
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