Bitcoin slipped below $75,000 on April 20 as Iran's rejection of a second round of nuclear negotiations with the United States injected fresh uncertainty into global markets, pushing risk assets lower across the board.

Adam Back dismisses quantum panic, defends institutional Bitcoin adoption, and bets $500K–$1M Bitcoin arrives within 24 months.

Bitcoin was trading above $77,200 this Saturday morning when the IRGC dropped the news: the Strait of Hormuz is closed again. The brief 24-hour window where Iran had declared it "completely open" is over, and the price action on the 15-minute chart tells the whole story.

Bitcoin reclaimed $77,000 after Iran reopened the Strait of Hormuz and US-Iran reportedly taking place on Snunday in Islamabad, signaling deepening diplomatic progress.

Bitcoin recovers from $65K to $75K, reclaiming all three MAs, but Binance sell ratio at 0.97 and TMM at $78.3K signal caution.

Bitcoin shows early reversal signs after months of decline, with improving sentiment and accumulation signals, but macro uncertainty still drives short-term volatility and cautious positioning.

Bitcoin short-term holders sent 63,000 BTC to exchanges on April 14, the highest since January, while institutions absorbed $411.50M through ETFs and the 50 SMA held.

Bitcoin broke $76,000 and Ethereum cleared $2,400 as softer-than-expected PPI data and renewed US-Iran talk signals drove a broad market rally.

Bitcoin gained 17% since the Iran war began while gold lost 10% and silver fell 15%, traditional safe havens moved the wrong way.

Bitcoin cleared $74,000 overnight after Iran signaled readiness to continue US talks and Pakistan proposed a second negotiating round - neither confirmed, both enough to move the market.

itcoin recovered $2,500 in twelve hours and reclaimed the 50 SMA - the Bull-Bear indicator still shows a bear phase without full capitulation.