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Iran peace deal breaking — ride the wave of global relief into Bitcoin

A peace deal to end the war between the US and Iran appears imminent, with President Trump announcing it will be signed on Sunday. Bitcoin already broke above $64,000 on the news, and investors are feeling optimistic that a calmer global situation will push risk-assets higher.

Idea

When major global conflicts de-escalate, investors feel more confident taking risks with their money, which typically pushes the price of Bitcoin higher. The news of an imminent peace deal is already acting as a catalyst, pushing the price firmly above $64,000. Because the signing is scheduled for Sunday, there is a narrow window to position for a momentum run as global markets digest the positive news and risk appetite returns to the market.

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BTCBTC-H4#geopolitics#crypto#risk_on

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