The likelihood of an agreement between Iran and the United States increased significantly in the past 24 hours, with Iran confirming it is reviewing a 14-article proposal. For more than two months, cryptocurrencies have struggled amid rising oil prices and concerns about inflation. Today, BTC surged back toward 82,500 dollars for the first time in weeks.
Key BTC price ranges in focus
Senior White House Advisor Kevin Hassett stated that there was an upbeat atmosphere in the situation room regarding Iran. Hassett confirmed significant progress, fueling optimism after today’s Axios report. Meanwhile, Iranian authorities verified that while no final deal had been reached, they are carefully considering the 14-point offer. The Islamic Revolutionary Guard indicated that threats in the region are easing and maritime routes could soon reopen.
Investors betting on short positions have enjoyed easy gains for months, but that trend seems to be reversing. BTC has started to target higher liquidity zones, rising up to 82,400 dollars as of this writing and hitting new daily highs.
Analyst DaanCrypto highlighted the following chart to emphasize crucial price levels.
According to DaanCrypto, “There is still some liquidity around the 82,400 dollar region. However, over the past day, the price has absorbed most of the local liquidity. Since the price is now at a three-month high, we need to widen the chart to identify other important levels.”
The risk of a pullback remains, as short-term holders are now in profit and reportedly transferring BTC to exchanges. In the event of a price correction, the 80,100 and 78,200 dollar levels will be critical support zones.
Warning for latecomers to BTC
On-Chain Mind, a prominent crypto analytics group, cautioned investors about ongoing risks in their latest update. While they confirmed a medium-term bullish trend, the analysts stressed that BTC’s current price range remains highly risky, regardless of which direction the eventual breakout takes.
On-Chain Mind analysts explained, “Bitcoin’s medium-term momentum is clearly bullish. Our Adaptive Trend model turned green at the start of March, and BTC is now in its longest upward streak since April 2025. But trend doesn’t mean entry: there is a high risk of mean reversion. No matter which way this breaks, buying here carries a poor risk/reward profile.”
If the Iran agreement is officially announced, it could prompt profit-taking on today’s BTC rally. Investors should remain cautious and be prepared for a possible ‘sell the news’ scenario.
