The oil price is going up and many people expect it will go above 100 USD per barrel,or even 120 USD per barrel.How this will impact the world economy and the cryptocurrency prices?
I have many own theory about this and I will share it later,but know I'm waiting for other opinions.
Is this good or is it bad for bitcoin?
I think so.
If oil price go up, USD price go down, if USD go down, BTC and other currencies gou UP.
But its not only one factor for price prediction