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Iran peace deal near, Bitcoin breaks $64K — buy the geopolitical relief rally

Peace between the US and Iran appears imminent, causing Bitcoin to surge past $64,000. At the same time, big institutional investors just poured tens of millions back into Bitcoin funds after pulling money out for five straight days.

Idea

An impending peace deal in the Middle East is calming global markets, prompting investors to take on more risk. Bitcoin is benefiting doubly because large funds just snapped a five-day streak of withdrawals to inject over $85 million into Bitcoin ETFs on Friday. When geopolitical tensions ease and institutional money flows return at the same time, Bitcoin often experiences strong multi-week rallies.

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BTCIBITH4#crypto#macro#geopolitics#bitcoin#etf_flows

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