The largest publicly traded corporate holder of Bitcoin has expanded its treasury, raising the cumulative value of its BTC acquisitions to about $54.77 billion at an average cost of $75,985 per coin. The firm continues to use a mix of debt and equity financing to build exposure, while its stock trades as a volatile proxy for Bitcoin amid broader market uncertainty heading toward 2026.

Following a sharp decline, Bitcoin remains in a corrective phase and is attempting to stabilize near $66,000 while trading below its 100-day and 200-day moving averages. On higher time frames, momentum is still bearish, with a key resistance trigger around $68,000 and important support zones near $62,000 and $60,000. A breakout from the current symmetrical triangle structure is likely to determine whether the market has formed a bottom or faces another downside leg.

CMT-certified analyst Tony Severino points to Bitcoin's monthly SuperTrend indicator as still signaling support, with BTC trading around the mid-$60,000 range. He notes that the one-month chart has not yet confirmed a sell signal, even after recent downside and a 14.8% drop in February from the monthly open. However, Severino cautions that past bear markets have often held this support for one to three months before breaking down and warns that historical Ichimoku data leaves room for a further 38% to 66% decline.

On 2 March 2026, Bitcoin was trading in a consolidation range around $65,000–$68,000 after retreating from its 2025 all‑time high of $126,000. Macroeconomist Henrik Zeberg forecasts a cycle peak between $110,000 and $120,000 by the end of March 2026, with a 25% chance of an overshoot to $140,000–$150,000 and similarly bullish targets for Ethereum and Solana. He cites a supportive risk-on backdrop, ongoing spot ETF inflows and expanding institutional participation, while other analysts highlight macro uncertainty and waning retail enthusiasm as key risks.

In March 2026, Bitcoin is trading above $66,000 after a recent low near $62,920, with analysts debating whether the $60,000–$70,000 range marks a major accumulation phase. Macro economist Henrik Zeberg projects a primary scenario in which BTC could surge to $110,000–$120,000, with a more aggressive path toward $140,000–$150,000 if ETF inflows and risk-on sentiment persist. A recent short squeeze from the February 24 dip and an Extreme Fear reading on sentiment gauges are reinforcing the bull case, while a failure to hold $60,000 would significantly weaken the structure.

Bitcoin began the first week of March 2026 trading above $65,000 despite heightened tensions surrounding the Iran conflict and rising oil prices. Traders and analysts highlighted potential downside targets between $40,000 and $50,000 based on long‑term technical patterns, even as spot Bitcoin ETFs logged over $1 billion in net inflows across three days. Market commentary suggested the military campaign may remain limited in duration due to US inflation concerns, while institutional demand signaled an early shift in how BTC is being accumulated.

On Monday, Bitcoin stabilized above $65,000 after a volatile weekend marked by U.S. and Israeli strikes on Iran and retaliatory actions. As crude prices jumped and major U.S. equity futures fell, roughly $1.8 billion in crypto derivatives were sold within an hour and about $358.7 million in leveraged positions were liquidated. Bitcoin still traded near $65,900, down 1.7% over 24 hours but outperforming many altcoins, with the $64,000–$65,000 zone now seen as a key support area.

On March 1, BitMEX co-founder Arthur Hayes argued that the latest U.S. military escalation in Iran fits a decades-long pattern in which Middle East conflicts are followed by Federal Reserve easing, providing a long-term boost to Bitcoin. He referenced the 1990 Gulf War and post-9/11 rate cuts to support his view and noted Bitcoin's sharp move between $63,600 and $67,000 around the February 28 reports of strikes and rumors about Iran's Supreme Leader. Hayes recommends waiting for an actual Fed rate cut or renewed money printing before aggressively buying Bitcoin and other major cryptocurrencies.