Bitcoin Price Prediction: BTC Risks $80,000 After Trump Rejects Iran Ceasefire Offer

Bitcoin sits at roughly $83,000, down 1.6% over the past 24 hours, after President Trump rejected Iran’s seven-day ceasefire proposal over the weekend, plummeting its price prediction. What’s gonna happen next?

Iranian Foreign Minister Abbas Araghchi offered to reopen the Strait of Hormuz within seven days in exchange for lifted sanctions, a naval blockade waiver, $12 billion in unfrozen assets, and an extended ceasefire covering Lebanon. Trump said no.

JUST IN: Oil flowing out of the Strait of Hormuz has doubled in less than a month to about 13 MILLION barrels a day.

That's back to July's brief peak, as the US military now guides tankers through the strait in broad daylight, per Fortune.

It comes as Trump rejected Iran's… pic.twitter.com/Hmoq5NQX6X

His comment, “it is what we would have maybe agreed to a year ago,” signals a harder line, and the Wall Street Journal reported he’s told aides to expect renewed strikes after the November midterms. Brent crude held under $100 a barrel through the news.

Bitcoin had traded near $84,400 for most of the weekend before the selloff hit during Monday’s Asia session. BTC remains up about 1.9% on the week, a reminder that the September uptrend hasn’t broken. yet.

BTC’s slide to $83,000 puts it squarely between two technical zones. Immediate support sits at $83,000–$83,500; the structurally important floor is $80,000–$82,000, a level that has held since Bitcoin broke out of its prior $76,000–$80,000 range. Resistance clusters at $85,500–$86,000, with the recent swing high near $87,395 above that.

If US-Iran talks restart through Qatar as Trump suggested, oil could ease off $100, and BTC reclaims $85,500 on the back of continued ETF demand. As we reported, spot funds pulled in $2.2 billion over four sessions last week alone. Bitcoin might also consolidate between $80,000 and $85,000 while traders wait on midterm-timing headlines.

However, if confirmed strikes resume, oil spikes, and BTC breaks $80,000 toward the $76,000 zone. The level that also lines up with realized-price support near $77,000. Watch whether $80,000 holds before adding exposure.

A geopolitical risk-off event testing Bitcoin’s support isn’t exactly a buy signal for chasing BTC here. Traders already positioned are watching $80,000 with some anxiety; traders not yet positioned face an entry price near multi-week lows with an unresolved macro overhang.

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