HomeMarketsFuturesBauer: Oil Falling ‘Doesn’t Make Any Sense to Me’, Bitcoin Poised for ‘A Very Big Move’

Bauer: Oil Falling ‘Doesn’t Make Any Sense to Me’, Bitcoin Poised for ‘A Very Big Move’

Scott Bauer says the move in oil “doesn’t make any sense to me,” because there’s only been “continued escalation” in the Middle East. He thinks it’s a “buy the dip” – but “only until this situation has been resolved.” After the resolution, he expects a big sell-off. On Bitcoin, he notes volatility is ticking up, which he says tends to be a precursor to “a very big move.”

Market On Close

16 Jun 2025

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