Moonrock Capital founder Simon Dedic has said that if the United States and Iran actually sign a peace deal on June 19 as has been reported, it could mark the start of a major rally across risk assets, considering how they behaved when past conflicts ended.<\/p>\n
His argument is that, as the most volatile major asset class, crypto would be the first to benefit once the macro pressure from the situation in the Middle East eases.<\/p>\n
In a post on X published on June 15, Dedic started off with a disclaimer, saying<\/a> that trying to predict anything based on what US President Donald Trump says or does was \u201ca fool\u2019s game.\u201d<\/p>\n He compared the head of state\u2019s unpredictability to that of his Official Trump meme coin (up over 20% in the past week), but he argued that if indeed the Iran deal gets signed as planned this coming Friday, the setup looks a lot like previous moments when conflict-related uncertainty cleared out of markets all at once.<\/p>\n For example, when the Korean War ended, the S&P 500 gained 44% in the following year, according to Dedic. It was the same after the Iraq war, with the S&P 500 rising 25% in the year after the guns went quiet. The analyst also pointed out that in 19 out of 20 conflicts that came after the Second World War, markets took an average of just 28 days to fully recover the minute hostilities stopped completely.<\/p>\n Per his assessment, the Iran war has been the biggest reason why risk appetite has been so low lately. He noted that Bitcoin (BTC) was sitting near $65,000, down almost 48% from its all-time high, with many altcoins faring even worse. But if that overhang gets removed, Dedic expects crypto to reprice quickly, considering how closely it follows changes in risk sentiment.<\/p>\n \u201cEveryone who\u2019s been looking like an idiot for the last few months will soon look like a genius,\u201d he wrote.<\/p>\n Trump confirmed<\/a> the \u201cGreat Deal\u201d in a post on Truth Social, with market commentary account The Kobeissi Letter saying that the proposed agreement would extend<\/a> the current ceasefire, reopen the Strait of Hormuz, and kick off negotiations around Iran\u2019s nuclear program. It will also reportedly lead to discussions regarding the lifting of sanctions against the Islamic Republic as well as unfreezing its funds, including about $1 billion in crypto seized under Operation Economic Fury.<\/p>\n Indeed, there was a reaction in the market soon after Trump\u2019s post, with S&P 500 futures going up 0.8% and their Nasdaq counterparts gaining 1.3%, while BTC moved<\/a> to its highest level in almost two weeks.<\/p>\n Ethereum (ETH) also climbed back above $1,800 after languishing below that level since June 5, only briefly coming up for air on June 9 when it hit $1,700, per CoinGecko data, before promptly diving back under.<\/p>\n Others like XRP, Solana, and Cardano also posted<\/a> notable results following news of the peace deal, but among the majors, Hyperliquid had the best uptick, with its price just above $68 at the time of writing representing a 10% increase in one day.<\/p>\n The post Analyst Predicts \u2018Massive Bull Rally\u2019 if US-Iran Peace Deal Is Signed<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Moonrock Capital founder Simon Dedic has said that if the United States and Iran actually sign a peace deal on June 19 as has been reported, it could mark the start of a major rally across risk assets, considering how they behaved when past conflicts ended. His argument is that, as the most volatile major […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-181184","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/181184"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=181184"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/181184\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=181184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=181184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=181184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Markets Are Already Rebounding<\/h2>\n