Bitcoin Price Rebound To $119K Possible If History Repeats
From Cointelegraph
June 13, 2025 4:40 PM:
Bitcoin is not seen as a reliable investment during geopolitical uncertainty, but historical data shows buying opportunities during oil spikes. Investors typically move to cash during instability, but Bitcoin has outperformed following oil surges. Short-term, there is an inverse relationship between Bitcoin and oil, but long-term correlation fluctuates. Recent oil spikes have led to Bitcoin corrections followed by rebounds, indicating potential buying opportunities.
Read more at CoinTelegraph: Bitcoin Price Rebound To $119K Possible If History Repeats