US stock futures have reached record highs, leading analysts to predict that Bitcoin may soon surpass its previous price peak. The S&P 500 futures have achieved an all-time high at 6,145 points, while the Nasdaq Composite futures peaked at 20,180. This rally is attributed to the ongoing easing of geopolitical tensions and expectations for a Federal Reserve rate cut in July, which has increased investor appetite for riskier assets like Bitcoin. Analysts believe that sustained momentum in equities and institutional investments could enable Bitcoin to break through its resistance at $109,000, potentially leading to new price records. Despite facing resistance around $108,000, proponents like Jeff Mei from BTSE express optimism, citing the recent resolution in the Iran-Israel conflict as a favorable development. As the market anticipates the upcoming Personal Consumption Expenditures report from the Fed, which could instigate volatility, the outlook remains cautiously optimistic for Bitcoin as it strives to recover lost ground.

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