Phyrex|Jul 26, 2026 18:47
This weekend was pretty chill. Even though Friday wasn’t great for oil prices, the stock market, or even Bitcoin’s performance, some news over the weekend brought a bit of energy back to the market. The main thing is that after 13 consecutive days of U.S. attacks on Iran, there were no new actions on Friday, Saturday, or Sunday. Many government officials and market analysts are interpreting this as a potential precondition for peace talks.
Of course, the key is whether Iran is willing to negotiate with the U.S., but I think the negotiation window has always been there. Otherwise, the U.S. and Iran wouldn’t have exercised restraint and kept the conflict limited to smaller-scale actions. As I mentioned yesterday, what might be missing is a third-party country offering a way out. China has provided one, Pakistan has provided one, Europe has provided one, and even the Pope gave one today. With enough ways out, it all comes down to whether both sides are willing to negotiate.
After the U.S. stopped its attacks, Iran also announced it would cease strikes on Gulf countries and U.S. interests in the region. Simply put, the U.S. and Iran have entered a ceasefire phase this weekend. Hopefully, next week we’ll see a full ceasefire.
As for Bitcoin: native, I bought the dip at $63,000. Both my test position and my own holdings are set to expire on Monday, but it looks like I won’t be able to hold onto them. I’m debating whether to raise my target to $64,000 because if peace talks start, there’s a pretty good chance Bitcoin will rally. Feeling a bit torn about it.
@Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all in one place!
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