Hupzy (Spot On Chain)|Aug 19, 2026 23:11
Trump declared what he called "๐๐ฐ๐ผ๐ป๐ผ๐บ๐ถ๐ฐ ๐-๐๐ฎ๐" on Iran, threatening secondary sanctions on any country doing business with the regime.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: This escalates the Iran conflict from a military energy shock into full economic warfare. Secondary sanctions threaten to disrupt global oil supply chains โ China and India both rely on Iranian crude. Higher oil means higher inflation, higher yields, and more pressure on the Fed's ability to ease. BTC faces near-term ๐ฟ๐ถ๐๐ธ-๐ผ๐ณ๐ณ headwinds, though the fiscal dominance angle (US cannot afford higher yields) creates a long-term bullish tension.
Watch oil prices and any retaliation signals from Iran or its trading partners. A sustained risk-off move could test BTC's $70K support reclaimed earlier today.
source: KobeissiLetter
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