Bitcoin Rebounds 15% To Retest $73,000 As Short Squeeze And ETF Inflows Boost Price In Early March 2026

Bitcoin climbed back above $70,000 and briefly approached $73,000 in early March 2026 after a volatile stretch marked by geopolitical shocks and macro uncertainty. The rebound followed a drop to about $63,000 on February 29, with renewed US spot Bitcoin ETF inflows of over $200 million on March 4 and crowded short positions in derivatives markets helping to fuel a sharp recovery. As price trades near $73,100 and tests resistance around the 200-period moving average near $74,000, holding above $70,000 could turn this zone into new support.