Key Takeaways: Bitcoin approaches breakout as Wintermute flags macro risks still unresolved. Brent rises as inflation pressures build from higher energy costs. Wintermute sees derivatives positioning amplifying upside squeeze potential near resistance. Geopolitical Risks Fail to Reverse Bitcoin Momentum Bitcoin is maintaining upward pressure despite rising geopolitical tension and macro uncertainty, even as global markets react to fresh developments. In an April 13 market commentary, crypto algorithmic trading firm Wintermute said that heightened tensions—sparked by a U.S. naval blockade affecting Iranian ports—have not yet been enough to force a structural breakdown in BTC price action. Since the report, however, bitcoin …