BTCUSD gained above $70000 despite escalation of Middle East tension. assets. It hits an intraday low of $66147 and is currently trading around $67569.
Led by BlackRock's IBIT (USD 263.2 million) and Fidelity's FBTC (USD 94.8 million), spot Bitcoin ETFs had a strong institutional bounce on March 2, 2026, with net inflows totaling USD 458.2 million. Although this rise reversed the outflows seen at the end of February and pushed cumulative 2026 inflows past the USD 25 billion threshold, the momentum met immediate friction on March 3 as geopolitical instability caused tiny net outflows of roughly USD 14.1 million. Though Bitcoin prices dipped below the USD 66,000 mark owing to worldwide "risk-off" mood, core goods like BlackRock's IBIT sustained positive flows, drawing a sharp contrast between strong institutional demand and the high-frequency sensitivity of the wider crypto market to global conflict.
|
Technicals |
CMP -$67300 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
$67775 |
CMP > 55 EMA |
Bullish |
|
200- EMA |
$67072 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$67530 |
CMP >365 EMA |
Bullish |
Major support- $64000/$60000/$52500/$50000. Minor bullishness only above $72500.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
97.60 |
|
ADX |
Bullish |
Strength increased from 14.59 to 16.25 |
It is good to buy on dips around $67000 with SL around $64000 for a TP of $80000.


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