Taiwan stocks close at 40,705 points, hitting a new high, Bitcoin surges past 80k with a single green candle! How do analysts view the future market?

Taiwan stocks hit a new all-time high, closing at 40,705 points, with TSMC soaring to 2,285 NT dollars during trading. At the same time, Bitcoin also broke through the $80k mark. Analysts point out that institutional buying remains steady, driving the bullish trend, but also remind investors to watch out for high-level volatility risks.

Taiwan stocks and TSMC close at record highs, what do analysts say

After U.S. President Trump revealed that U.S.-Iran representatives are engaging in very positive discussions and signs of hope emerged in the Middle East situation, global capital markets became highly optimistic. The Taiwan Weighted Index opened higher and continued to rise, reaching a high of 40,747 points during the session, with the closing price stabilizing at 40,705 points, setting a new record.

TSMC reached 2,285 NT dollars during trading, up 150 NT dollars, marking the largest intraday increase in history, contributing 1,192 points to the broader market. Its market capitalization hit 59.25 trillion NT dollars, and the closing price remained above 2,275 points, with an intraday gain of over 6%.

Image source: Google Finance Taiwan Weighted Index closing price stabilizing at 40,705 points, setting a new record.

Regarding the outlook, the Economic Daily quoted Chen Chaozheng, Manager of Active Group-Yi Technology Innovation, who said, “The bullish logic for Taiwan stocks is solid, but as the market hits new highs with record volume, short-term volatility is expected to increase with wide fluctuations; Active Fuhua Future 50 fund manager Lu Hongyu also pointed out that investors should pay attention to the progress of AI infrastructure investments, as underperformance of key stocks could increase volatility.”

Optimism drives Bitcoin past $80,000

With the overall economy and geopolitical risks easing, Bitcoin broke through the $80,000 level this morning, reaching a high of $80,612 at the time of writing.

Although Trump announced plans to protect troubled ships, and Iranian official Ebrahim Azizi warned that this could violate the ceasefire agreement, Trump later released news that U.S. and Iran are engaging in positive discussions, effectively calming market risk aversion.

• Related report: Is the U.S.-Iran war deadlock still ongoing? Iran proposes 14-point plan, Trump still says: No easy compromises

Analysts’ outlook on Bitcoin: breaking through resistance, institutional buying surges

Regarding future developments, Nick Ruck, Director of LVRG Research, told The Block that Bitcoin breaking above $80,000 signifies breaking through weekend resistance zones, confirming strong buying momentum and clearly shifting market energy toward a bull trend.

Zeus Research analyst Dominick John pointed out that Bitcoin breaking through a major psychological resistance zone is causing a technical short squeeze, and traders will closely monitor U.S.-Iran negotiations and spot ETF capital inflows moving forward.

However, according to Cointelegraph, data from the well-known crypto derivatives exchange Deribit shows that the probability of Bitcoin reaching $84,000 by the end of May is only 25%. Nonetheless, institutional demand in the spot market remains robust, with SoSoValue data indicating that U.S. Bitcoin spot ETFs have experienced net inflows for five consecutive weeks.

Image source: SoSoValue

Additionally, companies like MicroStrategy and Metaplanet have bought large amounts of Bitcoin in the past 30 days, significantly absorbing future supply expectations. As long as institutional investment appetite remains steady, bullish momentum is likely to continue.

Further reading:
Bitcoin Conference 2026: MicroStrategy Founder bullish on BTC hitting millions of dollars! Plans to create global digital accounts with 10% interest

This content is compiled by Crypto Agent from various sources, reviewed and edited by Crypto City. It is still in the training phase and may contain logical biases or informational errors. The content is for reference only and should not be considered investment advice.