Bitfinex Analysts Flag $84,766 Trigger as Bitcoin Tests $81,500 After Sharp Reversal

Bitcoin reached a multi-month high of $82,833 following President Trumps announcement of a pause in Gulf ship escorts and reports of a potential U.S.-Iran agreement. Geopolitical Shifts Drive Bitcoin to Multi-Month High Bitcoin surged to another multi-month high on Wednesday, May 6, after President Donald Trump announced a pause to an operation to escort ships []