Bitcoin price reclaims $81K as Iran says U.S. peace proposal “under review”

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<a href="https://pricpr.com/btc-usd/">Bitcoin</a> price reclaims $81K as Iran says U.S. peace proposal “under review”

The price of Bitcoin rose above $81,000 again as investors became more willing to take risks, following news that Iran is considering a U.S. plan to potentially end the conflict between the two countries.

Summary

  • Bitcoin price rebounded above $81,000 after Iran said it was reviewing a U.S.-backed peace proposal that could reopen the Strait of Hormuz.
  • Oil prices declined for a third straight day amid optimism around a potential U.S.-Iran ceasefire, supporting renewed risk appetite across crypto markets.
  • Bitcoin’s Supertrend remained green while MACD formed a bullish crossover, with traders watching the $84,000–$85,000 zone as the next resistance area.

As an analyst, I’ve been tracking Bitcoin’s recent movements, and after a dip from around $82,751 yesterday – a four-month high – it briefly fell to $80,771. However, as of right now, the price has recovered and is trading above $81,500.

Bitcoin returned to $81,000 as oil prices fell for the third day in a row. This happened as the U.S. and Iran continued to make headway on a potential peace agreement, which is currently being evaluated. The goal is to end the conflict between the two countries and ensure safe passage through the Strait of Hormuz.

Sources suggest Iran is considering a peace proposal from the U.S., delivered through Pakistan. They are expected to give a formal answer in the next few days. The proposal, a one-page agreement, outlines steps for a ceasefire and reopening trade. Discussions about Iran’s nuclear program are not included in this initial agreement and would happen separately later on.

Even though people are becoming more hopeful, President Trump stated that no agreement has been reached yet. He also warned that the U.S. will continue to take action against Iran if it doesn’t meet the conditions of the proposed deal.

Oil prices continued to drop on Thursday, falling for the third day in a row. This decline, which has been a key factor in how global markets have been behaving since the start of the war, helped to improve investor confidence and encouraged them to invest in more risky ventures. West Texas Intermediate (WTI) crude futures approached $93 a barrel, and Brent oil fell by 1% to $100.

Gold and silver, typically seen as safe investments during uncertain times, have been experiencing price swings recently. Investors seem to be shifting money out of these traditional safe havens and into Bitcoin and other cryptocurrencies instead. Today, gold prices increased by over 1.2%, and silver saw a gain of almost 4%.

The difference between the price of Bitcoin on Coinbase and other exchanges turned negative, indicating that demand from large U.S. investors is starting to decrease.

Bitcoin price analysis 

As a crypto investor, I’ve been watching Bitcoin closely, and it’s been steadily trending upwards since late March. Looking at the daily chart, it’s been moving within a clear upward channel – basically, it’s been making higher highs and higher lows consistently for weeks now, which is a really positive sign.

The Supertrend indicator is still showing an upward trend (green), suggesting strong buying interest continues to dominate. Additionally, the MACD lines recently crossed over, indicating a likely increase in short-term buying activity.

Bitcoin is likely to continue rising, with traders aiming for a price between $84,000 and $85,000. However, the price needs to stay above $80,000 to avoid a larger drop.

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2026-05-07 11:57