The crypto market often reacts sharply to global events, and Bitcoin is no exception. Recent resolutions of conflicts have restored optimism among investors.
Uncertainty Lifts: Bitcoin on a Fast Track
Over the past months, escalating war tensions had many investors anticipating a cautious climb to $90,000. However, with the recent resolution of these conflicts, the cloud of uncertainty has lifted, and Bitcoin is back on the fast track.
Narrative Shift: Skipping $90K
Previously, $90,000 was seen as a necessary milestone. Now, the consensus is changing. With external pressures easing, Bitcoin may bypass this level entirely and head straight toward new heights.
Growing Accumulation and Interest in Bitcoin
On-chain metrics show increased accumulation, and trading volumes have risen significantly, hinting at strong market conviction. The reduced macroeconomic risk is reinforcing bullish sentiment. 'I was expecting to see $90,000 before we see a new ATH, but now as the war is over the uncertainty is also gone,' says analyst Doctor Profit.
Restored optimism combined with growing interest in Bitcoin creates conditions for the potential accelerated achievement of new historical highs.
