Bitcoin Price Prediction: Will US-Iran Ceasefire Talks Trigger a Short Squeeze As OI Jumps

Bitcoin ($BTC) price is up by more than 8% this week amid optimism around the end of the US-Iran war. On April 11, US Vice President JD Vance landed in Islamabad, Pakistan, to lead talks on a ceasefire. However, despite this development, the Bitcoin price outlook remains fragile because the recently announced two-week ceasefire is already on shaky ground. This has raised the question of whether the recent talks will create a trap or an opportunity for $BTC.