As experts noted, $BTC remains resilient amidst economic volatility and political tension, despite sharp fluctuations in the stock markets. However, a key question remains regarding Bitcoin's ability to regain its status as a store of value. For now, it lags behind gold, which is showing stronger momentum amid inflationary risks and military tensions.

Experts considered that under the conditions of persistent inflationary pressure, it could partially close the gap. Among the factors in favor of this scenario, they mentioned limited asset supply, independence from central bank policies, and the growth of spot market liquidity due to exchange-traded funds (ETFs).

An additional challenge for the crypto market, according to the company, will be the impact of high energy prices on the global economy. In this context, experts outlined two possible scenarios: Bitcoin could either maintain its resilience and strengthen its status as a safe-haven asset, or it could once again correlate with the stock market and decline along with risk assets.

Separately, Wintermute pointed out the influence of the conflict between the US and Iran. In their opinion, its resolution is a positive factor for the market, while prolonged tension has a structurally negative impact.

In conclusion, experts emphasized that a full-fledged bullish trend in the crypto market has yet to be confirmed.

Earlier, analysts from the on-chain platform Santiment suggested that Bitcoin prices might test the $90,000 level in the coming weeks amid a capital shift towards stocks and major virtual assets.