Bitcoin’s rise to $80,000 hinges on a single factor, according to Wintermute., 2026/04/22 12:56:36

Analysts from Wintermute have indicated that Bitcoin could exceed $80,000 if a truce between the United States and Iran is maintained.

The experts noted that the leading cryptocurrency remains resilient amid economic volatility and political tensions, despite significant fluctuations in the stock markets. However, a critical issue is Bitcoin’s ability to regain its status as a store of value. Currently, it lags behind gold, which demonstrates a stronger performance in light of inflationary risks and military tensions.

The analysts suggested that under persistent inflationary pressure, Bitcoin might partially close the gap. Among the factors supporting this scenario, they highlighted the limited supply of the asset, its independence from central bank policies, and the increase in liquidity in the spot market due to exchange-traded funds (ETFs).

An additional challenge for the cryptocurrency market, according to the firm, will be the impact of high energy prices on the global economy. In this context, experts identified two potential scenarios: Bitcoin could either maintain its stability and strengthen its status as a safe-haven asset, or it could once again increase its correlation with the stock market and decline alongside riskier assets.

Wintermute specifically pointed out the influence of the conflict between the U.S. and Iran. They believe that resolving this conflict would be a positive factor for the market, while prolonged tensions have a structurally negative impact.

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

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