The Bitcoin price has been trading below $100,000 for months, and no attempt has been made to regain this level. Even now, the price remains more than 40% below its all-time high as massive sell-offs continue to depress the price. Amid these widespread selling and negative macroeconomic factors, a crypto analyst has revealed when he expects the Bitcoin price to hit the $100,000 mark again before attempting a new all-time high.
The end of the war in Iran will increase the Bitcoin price
In February, the United States apparently carried out coordinated attacks on the Iranian military, ultimately leading to what is now known as the war between the US and Iran. This move affected financial markets around the world, and Bitcoin was not left out. Even now, the cryptocurrency market continues to feel the impact of the conflict as inflows have declined.
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This negative macroeconomic environment has put a damper on the Bitcoin price, and investors remain wary. As the war continues, financial assets are expected to continue to struggle, especially as oil prices rise. However, the real move is expected to come in the event of a ceasefire.
According to a pseudonymous crypto analyst who goes by @RoccobullboTTom on X (formerly Twitter), the Bitcoin price will rise when the US-Iran war ends. The analyst explains that this will ultimately be the catalyst push the BTC price back above $100,000.
But when will BTC reach a new ATH?
The crypto analyst looks at previous Bitcoin performance in the analysis. The first of these was when the Bitcoin price had made its first run from the low of $15,000 in 2022. Then there was the meteoric rise from $49,000 to $104,000 that took place in 2024. Last but not least, there was the remarkable 2025 rally that took the Bitcoin price to its all-time high of $126,000 at $126,000 in 2026.
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All these bull runs have caused the Bitcoin price to rise by more than 100% from its previous levels to reach new all-time highs. Taking this into account, the crypto analyst believes that the next bull run could take the Bitcoin price between $150,000 and $200,000.
Nevertheless, these all remain dependent on the improvement of macroeconomic factors. Most notably, the end of the Iran war is likely to be the catalyst that sends digital assets on track to new all-time highs.
Featured image of Dall.E, chart from TradingView.com