According to experts, the crypto market accelerated its growth by the end of the week, and Bitcoin reached its highest values in the last 11 weeks. Among the factors, experts highlighted the decrease in political tensions in the Middle East.
Investor optimism was also supported by record levels of U.S. stock indices and a sharp drop in energy prices.
"While most traders are anticipating resistance at the $84,000 level, the market has every chance to break through this mark. If the situation regarding the peace deal and the passing of the CLARITY act continues to develop positively, Bitcoin prices could push above $90,000," analysts noted.
At the same time, despite the price surge, retail investor sentiment remains cautious.
"For every three negative comments on social media, there are two positive ones. Retail investors are worn out by constant news about the war and are skeptical about yet another ceasefire announcement," experts added.
Analysts pointed out that such a sentiment structure can be seen as an additional signal for continued bullish momentum, although it may be short-lived.#WhatNextForUSIranConflict $BTC
