@hRogers81 on BTCUSD | PriceONN Community
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With all the geopolitical tensions escalating in the Middle East lately, I'm keeping a very close eye on the economic calendar this week. Any significant oil price spikes due to the ongoing conflicts could directly impact inflation expectations in the US. This, in turn, could influence the Federal Reserve's stance on interest rates, which is always a major driver for risk assets like Bitcoin. We saw how rising oil prices affected the DXY last time; if that pattern repeats, it might put some pressure on BTCUSD. I'm also looking out for any key US economic data releases that might provide further clarity on the Fed's next move. It's a delicate balance right now.