Bitcoin opened lower this week, falling below $68,000, due to a surge in oil prices to over $108 per barrel, which heightened inflation concerns and market panic. The spike in energy costs forced the Federal Reserve to maintain high interest rates, tightening liquidity for risk assets like cryptocurrencies. Analysts warn that if the key support level of $63,000 is broken, it could indicate a deeper market correction.

🚨 Crude Oil Above $110: Is This the Start of a New Energy Supercycle? A Trader’s Perspective
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The global energy market has once again captured the attention of traders and investors worldwide. In a dramatic overnight rally, crude oil prices surged sharply, pushing WTI above $110 and Brent crude beyond $110, levels that immediately reignited discussions about supply shocks, geopolitical tensions, and the possibility of a longer-term energy bull market.
For many traders, this move was not just another headline—it was a moment that highlighted how quickl