Bitcoin has risen after the announcement of the peace agreement between the US and Iran.

And although the increase has been contained, what’s behind it is much more important than it seems. I’ll explain it quickly.
Yesterday, June 14, the US and Iran agreed on an "immediate and permanent" end to military operations on all fronts, including Lebanon, after more than 100 days of war.
The official signing ceremony is scheduled for Friday, June 19, in Switzerland.
What’s the most important point?
The reopening of the Strait of Hormuz, a route through which approximately 20% of the world's oil passes. And this is what has triggered the market.
Bitcoin was coming from touching lows below $60,000 in early June and has rebounded after the news broke.
Meanwhile, oil has fallen sharply.
And here’s the key.
Let me sum it up in one sentence:
Less war = less expensive oil = less inflation = more room for the Fed to cut rates = more liquidity in the market = more fuel for Bitcoin.
This is bullish for Bitcoin in the medium and long term. But, keep in mind that the market depends on more things, not just this.
We don’t rule out seeing new lows before the end of the year.
But watch out for Friday the 19th.
The agreement is announced, but not signed.
The official signing is on June 19 in Switzerland and opens a 60-day negotiation window on Iran’s nuclear program.
If something goes wrong that day (and in geopolitics, everything can go wrong), the geopolitical risk premium will suddenly return, and everything could change.
If, on the other hand, it’s signed cleanly and without surprises, it would be very good news for the markets.