Bitcoin price surged to a two-week high near $67,000 as an Iran ceasefire eased macro fears and Strategy’s $100 million Bitcoin purchase fueled crypto-stock gains.

Bitcoin price analysis sees multiple bullish setups forming as a US-Iran peace deal which will open the Strait of Hormuz deadline arrives.

The US and Iran agreed on a peace deal framework, sending Bitcoin past $64,000 as markets price in reduced geopolitical risk and ETF inflows accelerate.