Why This Weekend Could Break Bitcoin or Send It to $80,000
BeInCrypto
Bitcoin faces potential volatility this weekend as upcoming diplomatic talks between the U.S. and Iran over ceasefire conditions remain uncertain.Summary
Bitcoin is currently trading near $73,000, supported by a recent ceasefire announcement between the U.S. and Iran. However, the market remains cautious as Iran's parliamentary speaker, Mohammad Bagher Ghalibaf, has set strict preconditions for upcoming negotiations in Islamabad, including a Lebanon ceasefire and the release of frozen assets. While a successful diplomatic outcome could propel Bitcoin toward $80,000, any failure in these talks or a surge in geopolitical tensions threatens to trigger a market reversal.
(Source：BeInCrypto)