Bitcoin price started a decent increase above $68,000 but failed at $70,000. 
BTC is now consolidating and might aim for more gains above $69,200. Bitcoin 
started a fresh increase after it settled above the $67,500 support. The price 
is trading above $68,000 and the 100 hourly simple moving average. There was a 
break above a bearish trend line with resistance at $66,800 on the hourly 
chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if 
it trades below the $67,400 and $67,000 levels. Bitcoin Price Fails At $70,000 
Bitcoin price managed to form a base above the $65,500 zone. BTC started a 
fresh increase and was able to surpass the $66,500 resistance zone. The price 
even rallied above the $68,000 resistance. Besides, there was a break above a 
bearish trend line with resistance at $66,800 on the hourly chart of the 
BTC/USD pair. Finally, the bears appeared near $70,000. A high was formed at 
$70,100, and the price recently corrected some gains. There was a move below 
the 23.6% Fib retracement level of the upward move from the $63,030 swing low 
to the $70,100 high. Bitcoin is now trading above $68,000 and the 100 hourly 
simple moving average. If the price remains stable above $67,500, it could 
attempt a fresh increase. Immediate resistance is near the $69,200 level. The 
first key resistance is near the $69,500 level. A close above the $69,500 
resistance might send the price further higher. In the stated case, the price 
could rise and test the $70,000 resistance. Any more gains might send the 
price toward the $70,500 level. The next barrier for the bulls could be 
$70,850 and $71,200. Downside Continuation In BTC? If Bitcoin fails to rise 
above the $70,000 resistance zone, it could start another decline. Immediate 
support is near the $68,000 level. The first major support is near the $67,500 
level or the 50% Fib retracement level of the upward move from the $63,030 
swing low to the $70,100 high. The next support is now near the $65,650 zone. 
Any more losses might send the price toward the $65,000 support in the near 
term. The main support now sits at $64,200, below which BTC might struggle to 
recover in the near term. Technical indicators: Hourly MACD – The MACD is now 
losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The 
RSI for BTC/USD is now above the 50 level. Major Support Levels – $68,000, 
followed by $67,500. Major Resistance Levels – $69,200 and $70,000.

Bitcoin Price Upside Capped Again, $70K Proves Tough Ceiling

Steak ‘n Shake is embedding bitcoin into employee pay, granting hourly workers 
a crypto bonus and adding $1,000 child savings contributions, advancing an 
aggressive digital-asset strategy that reshapes fast-food compensation and 
corporate treasury policy. Steak ‘n Shake Rolls Out Bitcoin Pay Perk and 
$1,000 Trump Account Contribution Steak ‘n Shake has activated a bitcoin-based 
compensation […]

Steak ‘n Shake Launches 21-Cent-Per-Hour Bitcoin Bonus for Employees

Crypto Exchange-Traded Products (ETPs), led by Bitcoin (BTC) funds, have 
broken their one-month negative streak after recording significant inflows 
over the last week, signaling renewed demand for the digital asset-based 
investment products amid broader market weakness and geopolitical tensions. 
Related Reading: Crypto’s Quietest Month In Nearly A Year — But Hackers 
Haven’t Gone Away Crypto Funds Break Out Of Multi-Week Bleeding In its latest 
Digital Asset Fund Flows Weekly Report, CoinShares revealed that crypto 
investment products recorded around $1 billion in inflows during the last 
week, breaking out of the multi-billion-dollar outflow streak that began mid- 
January with no notable outflows. Crypto-based funds saw cumulative outflows 
of $4 billion during the previous five weeks, driven by market weakness and 
overall negative sentiment. Notably, the US market accounted for most of the 
negative net flows, while Bitcoin ETPs showed the weakest performance among 
major cryptocurrencies, recording over $3.80 billion in outflows since January 
23. Now, funds based on the flagship cryptocurrency showed the strongest 
performance, with over $881 million in inflows, according to CoinShares’ data. 
Although the $3.7 million in inflows into short Bitcoin investment products 
highlights that the opinion remains polarized, the report noted. Ethereum 
investment products recorded their strongest week since mid-January, 
registering inflows totaling $117 million. Despite this, the two largest 
cryptocurrencies by market cap remain in a net outflow position Year-to-Date 
(YTD). Conversely, Solana funds saw $53.8 million in inflows last week and 
$156 million in inflows YTD. In addition, the US accounted for most inflows, 
with $957 million, while Canada, Germany, and Switzerland saw continued 
inflows of $34.1 million, $31.7 million, and $28.4 million, respectively. 
“From a macro standpoint, it is difficult to attribute the shift in sentiment 
to a single catalyst. However, prior price weakness, a break below key 
technical levels, and renewed accumulation by large Bitcoin holders appear to 
have contributed to the reversal,” explained James Butterfill, head of 
research at CoinShares. “At a more anecdotal level, recent client discussions 
have been almost entirely focused on identifying entry points rather than 
reducing exposure to the asset class,” he continued. Bitcoin ETF Investors 
Show Diamond Hands Amid last week’s rebound, Nate Geraci, co-founder of the 
ETF Institute, highlighted US spot Bitcoin ETF investors, who have “largely 
displayed diamond hands” during the market correction and negative sentiment. 
The ETF expert observed that Bitcoin funds’ cumulative $6.5 billion in 
outflows since the October 10 crash were a “drop in the bucket” compared to 
the $55 billion in cumulative total net inflows that the category has seen 
since its January 2024 debut. As reported by NewsBTC, Geraci stressed that 
while these major drawdowns are “a walk in the park for long-time BTC 
investors,” newer ETF investors also appear unfazed by the recent market 
conditions and are “apparently buying the dip.” Related Reading: Blood Moon 
Affecting Bitcoin Price? Why A Surge Above $100,000 Could Be Coming Similarly, 
Bloomberg Intelligence Senior ETF Analyst Eric Balchunas discusses the 
performance of spot Bitcoin ETFs over the past two years, affirming, “As an 
ETF watcher, you know just how absurd this strength amid a 50% drawdown.” He 
stated that the funds’ overall performance is “the real story,” rather than 
the $6 billion that has come out during the latest market downturn, which he 
concluded was normal for most assets. As of this writing, Bitcoin is trading 
at $65,582, a 2.2% decline on the daily timeframe. Featured Image from 
Unsplash.com, Chart from TradingView.com

Bitcoin Leads Crypto Funds’ $1 Billion Rebound To End 5-Week Negative Streak

Bitcoin’s 2026 bearish window is rapidly closing as corporate treasury 
accumulation accelerates and macro tailwinds build, tightening supply and 
reinforcing institutional demand, according to Jan3 CEO Samson Mow. Samson Mow 
Warns 2026 Bitcoin Bearish Window Is Closing Jan3 CEO Samson Mow shared on 
social media platform X on March 2 that he believes the window […]

Samson Mow Sees Bitcoin Bearish Pressure Eroding as Strategy, Metaplanet, Fed Shift Market Dynamics

US-Israeli strikes on Iran over the weekend have pushed geopolitical risk back 
to the center of crypto markets, but in CryptoInsightUK’s latest weekly note, 
the immediate takeaway for XRP is not simple downside. Founder Will Taylor 
argues that the first shock may be arriving at a moment when bearish 
positioning is already crowded, creating conditions where XRP could hold up 
better than Bitcoin and Ethereum if the market absorbs the news without fresh 
breakdowns. Writing in the Week 184 edition of The Weekly Insight, Taylor 
framed the conflict first as a volatility event. “There could be extreme 
volatility in the near term,” he wrote, adding that this was also the kind of 
backdrop where bottoms can form “on the onset of bad news.” He pushed the 
point further in a longer passage that gets to the core of his market view: “I 
am not saying number three is the definite outcome here. But I am saying, and 
I have said this for a while, that when people are overly invested emotionally 
in an event and are deeply worried about it, that is often where markets form 
bottoms. Especially if you do not see strong follow through to the downside.” 
Related Reading: XRP Faces $650 Million Sell Risk As US-Iran Conflict Sparks 
Risk-Off Move That distinction matters for XRP because Taylor is not arguing 
that war is bullish for crypto in itself. He is arguing that the market’s 
reaction function matters more than the headline. In his read, Bitcoin 
initially sold off on the news, but the move lacked the kind of follow-through 
that would usually confirm a deeper washout. He noted that liquidity still sat 
lower on Bitcoin, around $60,000, and said he would still prefer to see that 
level swept before calling for a more durable move higher. Ethereum, in his 
telling, looked similar. Taylor said there was still downside liquidity near 
$1,720, but stressed that the larger pools of low-timeframe liquidity were 
sitting above price rather than below it. That left room for another dip, but 
not necessarily for a structurally bearish reset. Why XRP Looks Different XRP 
is where his framework becomes more interesting. Taylor argued that XRP had 
already done some of the work Bitcoin and Ethereum were still waiting to do. 
“XRP had a spike to the upside about ten days ago that Bitcoin and Ethereum 
did not have. It showed relative strength there,” he wrote. “And now XRP has 
already moved down into the liquidity pools that Bitcoin and Ethereum are 
still waiting to touch. So in a way, XRP has already done what the others have 
not.” Related Reading: XRP Triangle Could Point To Support Between $0.60 And 
$0.90 He stopped well short of calling that confirmation, but the implication 
was clear. If the market was entering a fear-driven macro event and XRP had 
already traded into nearby liquidity while its larger peers had not, then XRP 
could be better positioned if the selling pressure fades instead of 
accelerating. Taylor said he had been discussing the possibility of XRP 
leading altcoins and “potentially leading the market generally,” with this 
low-timeframe setup offering at least a hint in that direction. Taylor’s 
broader thesis rests less on the war itself than on market structure. He 
continues to argue that Bitcoin still has significant daily liquidity above 
current levels and can make new all-time highs, while altcoins outperform on 
the way there. He tied that view to Bitcoin dominance, where he said Bollinger 
Bands were as tight as they had ever been on the weekly and extremely 
compressed on the monthly. If that volatility resolves lower, altcoins would 
be positioned to take share. That is also why he ended the note on XRP against 
Ethereum. Taylor said the XRP/ETH chart “has started a new trend to the 
upside” and may be the beginning of a larger impulsive move. His closing 
framework was blunt: if Bitcoin pushes to new highs, if dominance weakens, and 
if XRP continues to hold momentum against Ethereum, then “XRP could be setting 
up for an explosive move.” At press time, XRP traded at $1.3437. Featured 
image created with DALL.E, chart from TradingView.com

Cryptocurrency price in TWD