BloFin Research|Aug 21, 2026 12:42
Macro is driving the market.
→ Bitcoin: Jumped after the Treasury expanded its long-end buyback program, reviving the debasement trade. Momentum is strong, though the risk of one final flush remains.
→ Gold: Broke above its 50-day SMA for the first time since March, supported by softer rate expectations.
→ Oil: Geopolitical risk continues to keep a premium priced into crude as the Iran–U.S. conflict remains unresolved.
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