Analysis: If oil prices rise to $180, BTC may fall to $51,000.

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MarsBit
03-21
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According to Mars Finance, if oil prices rise to $180 in the coming months, BTC may face pressure. Energy data tracker Vortexa predicts that oil shipments through the Strait of Hormuz will fall to approximately 7.5 million barrels per day, a trend that could push up inflation, delay interest rate cuts, and tighten liquidity. Against this backdrop, BTC could potentially fall to $51,000.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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