The cost of closing the strait of hormuz on the future price of Bitcoin

[nfuorus]

China have reportedly held talks with Iran to secure safe passage for their ships through the Strait of Hormuz, according to the global economic report. The discussions come amid rising regional tensions and concerns over disruptions to one of the world’s most important regions, "the strait of hormuz"
Considering the fear in investors' minds and global economic instabilities and the surge in oil prices,  bitcoin is expected to rallies down from 71779, but looking at bitcoin chart and considering the support level at 71215, could bitcoin take off  from 71215?.
We expected a calm in the Middle East as investors are in panic of aggressive risk .
The question in everyone's mind now, including investors, is "What is Trump doing about this in order to make investors panic less and invest more on the cost of global transactions and Bitcoin investments?".

[Btcdeybodi]

Why not just lock this thread and continue the discussion about the strait of hormuz in this link https://bitcointalk.org/index.php?topic=5577431.msg66511075#msg66511075

[MarjorieZimmermanGinger]

The question in everyone's mind now, including investors, is "What is Trump doing about this in order to make investors panic less and invest more on the cost of global transactions and Bitcoin investments?".

I don't think Trump can do anything at this point unless he's willing to stop the war and the impact on Bitcoin won't fully recover unless this war policy ends completely. The closure of the Strait of Hormuz will impact the entire world because the strait plays a vital role in global oil supplies. If conditions worsen, the impact on other sectors will also be greater. So far, only China and Russia are likely to be granted free passage by Iran. Bitcoin is unpredictable in conditions of chaos like this because some investors will seek a safe haven. Although we see Bitcoin as a long-term store of value, this chaos could impact Bitcoin's short-term trajectory.