A peace agreement has yet to be signed between the US and Iran. Just before the two-week temporary ceasefire was due to expire, the mediating state Pakistan intervened, and Trump extended the ceasefire between the US and Iran.
Donald Trump’s extension of the ceasefire with Iran caused Bitcoin (BTC) to rise again, climbing above $78,000 in the morning hours.
While bullish expectations for Bitcoin continue, the first hurdle expected to be breaking above $80,000 is anticipated.
While there is no clear direction for BTC due to the uncertainty surrounding the outcome of a US-Iran war, analysis firm Tiger Research has announced a Bitcoin price target of $143,000.
Asia-based analytics and consulting firm Tiger Research has set a Bitcoin price target of $143,000 for the second quarter of 2026 in its new report.
The analysis firm noted that the macroeconomic environment was positive (global M2 reaching a record high of $134.4 trillion and ETF funds turning into net inflows).
Conversely, analysts argue that despite the Iran-related oil price shock pushing CPI up to 3.3% and the Fed slowing its pace of interest rate cuts, global liquidity will outpace short-term inflationary pressures.
It is stated at this point that a decrease in inflationary pressure will support Bitcoin’s long-term upward trend.
Analysts also added that on-chain indicators are moving out of the fear zone and towards a balance between undervaluation and equilibrium. This is seen as a classic signal of market bottom formation and early accumulation.
*This is not investment advice.
