Bitcoin Price Prediction: Hormuz, Iran War, Oil Price, Metals, and Stocks vs Crypto

Bitcoin price briefly cracked $78,000 yesterday, a level untouched since early February, before pulling back and stabilizing. The catalyst is a two-week U.S.-Iran ceasefire that collapsed crude prices and triggered $427 million in short liquidations, compressing the Strait of Hormuz risk premium that had been suffocating risk assets for months. $543,000,000,000 has been added to US stocks as the market opens. pic.twi…