Bitcoin holds $77K as stocks rally, global tensions cool: Are BTC bulls back?

Data suggests that Bitcoin may be gearing up for a rally to $82,000. Will bulls seize the opportunity?

Key takeaways:

Bitcoin (BTC) reclaimed the $77,000 level on Monday following a recovery in global stock markets. US President Donald Trump stated on Saturday that talks with Iran to reopen the Strait of Hormuz were progressing, causing crude Brent oil prices to retreat to a five-week low and setting the stage for a potential Bitcoin price run to $82,000.

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