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The US / Iran war wiped portfolios.
One strait closed, and oil exploded, fear went vertical, and BTC got sold like it was 2022 again.
Now talks are live in Islamabad, and the market already showed you what resolution means:
BTC pumped 4% on a ceasefire announcement alone.
A real deal reopens the Strait of Hormuz.
Oil stabilises.
Rate cut bets return.
Institutional risk appetite comes back.
And when institutions go risk on, they do not buy bonds first, they buy BTC.
Pay attention to Islamabad today.
This is not just geopolitics. This is the macro catalyst hiding in plain sight.
Agree or cap?