‼️THE MACROECONOMIC PICTURE IS IN THE WORST-CASE SCENARIO
The S&P500 index has officially entered the danger zone.
Ceasefire collapse ➡️ Conflict at the Hormuz Strait triggered ➡️ Oil prices skyrocket, pushing inflation back into play.
Rising inflation will tie the FED's hands, completely snuffing out expectations of rate cuts (the only thing currently fueling this stock market pump in the US)
For the Crypto market: Based on the history of 3 seasons (2015, 2018, 2022), it shows: Every time the S&P500 corrects in tandem with Bitcoin's Bear Market, it creates a macroeconomic bottom zone.
Therefore, this geopolitical shock is highly likely to be the catalyst forcing the Market to bottom out around August-September-October
#BTCBottomDebate #StrategyBTCCredit #FedMinutesHawkish