key takeaway:
Bitcoin (BTC) It is usually not considered as a reliable investment during a period of geo -political uncertainty, especially when oil prices increase in response to increasing global stress. However, historical figures suggest that such moments often provide opportunities for traders designed to capitalize on market chaos.
Oil spikes often align with sharp, temporary bitcoin price improvement
In the face of Adjacent struggle Or instability, investors usually roam in short -term government loans and cash, in favor of security on instability. Nevertheless, Bitcoin historically performed better after a sudden increase in the price of oil in the week, such as a recent rally up to $ 77 per barrel on Friday.
A review of a 15 -minute value chart reveals a inverse relationship between bitcoin and oil. As the WTI crude increased by 19% between Wednesday and Friday, Bitcoin declined from $ 110,200 to $ 102,800. This pattern aligns with the prevailing view of bitcoin as a risk-property, not A. Defensive hedgeNevertheless, a broad time limit provides different insight.
In the long term, the data shows no consistent relationship between bitcoin and oil prices, in which the relationships are with considerable ups and downs. Nevertheless, episodes of appreciation of extreme oil price matches sharp bitcoin reforms – thrice a year. The price of bitcoin was followed by each example, with a profit of 16% to 24% within eight days of the initial drop.
In the most recent example, on 15 January, 2025, the oil increased from $ 72.50 to $ 80.50 just six days ago. Spike reached $ 89,300 with bitcoin drop on 13 January, followed by 22% rally by 20 January till $ 109,300. The move came after a ban on the United States’s Russia’s oil sector, while American raw inventions declined by eight consecutive weeks.
Earlier, on October 8, 2024, oil prices rose from $ 68.00 to $ 77.50 before the week. Bitcoin initially corrected $ 58,900 on 10 October, but then upgraded 16% in the next eight days. The rally of $ 68,960 rewarded traders who captured Unstable The Middle East was triggered by the October 7 terrorist attacks.
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A similar pattern occurred on August 13, 2024, when Libya temporarily shut down the oil after temporary closure of oil increased from $ 74 to $ 80, due to alleged armed groups. Bitcoin rose to $ 56,150 by August 15, but rebound 16% within days, reaching $ 65,000 by 23 August.
While there is no guarantee that the trend will remain, oil prices have once again climbed to a height of five months. Historical data suggests that the current level of bitcoin near $ 102,800 can present a more attractive entry, potentially targeted a profit of 16% by June 21 to $ 119,200.
This article is for general information purposes and is not intention and should not be taken as legal or investment advice. The ideas, ideas and opinions expressed here are alone of the author and not necessarily reflected or represented the ideas and ideas of the components.
