On Tuesday, Bitcoin fell about 3% and slid back from the $70,000 mark as the closure of the Strait of Hormuz triggered fears over oil supplies and inflation across global markets. Stocks, oil and gold all saw heightened volatility, with gold retreating toward $5,000 support while BTC failed to turn key trend lines into support. Some traders argued that bears remain in control, while others highlighted Bitcoin's smaller drawdown versus major precious metals and viewed the lower end of its current range as a potential buying zone.

After the Wall Street session opened on Monday, Bitcoin climbed toward $70,000, gaining more than 5% and reaching its highest level since Feb. 25. The move followed a stronger-than-expected US manufacturing PMI reading above 50, which signaled renewed industrial expansion and helped overshadow worries linked to Middle East tensions, even as US equities struggled.

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 Saturday, Bitcoin fell toward $63,000, with daily losses near 4%, after the United States and Israel announced a military operation in Iran. A video address by President Donald Trump said the raids targeted nuclear infrastructure, while crypto markets absorbed the shock alone as liquidations exceeded $250 million within four hours.

Bitcoin retreated from a high of $70,040 after failing to reclaim the 200-week exponential moving average and the prior 2021 peak. Traders note that BTC's rejection near $68,000 keeps downside risk in focus, with some analysts arguing the current bear phase, about 140 days long, still falls short of past cycle durations and drawdowns.

Bitcoin climbed to $67,000 at Wednesday’s Wall Street open, adding roughly 4.5% on the day as it moved toward the 200-week EMA around $68,330. Remarks from U.S. Trade Representative Jamieson Greer on 15% tariffs had limited impact, while traders flagged a weekly level near $74,492 and noted an emerging RSI divergence versus gold.

Bitcoin climbed back above $66,000, touching $66,300 before consolidating, according to TradingView. The move on Feb. 25, 2026 sparked debate over claims of a Jane Street 10am ET sell program, which the firm dismissed, while traders flagged thin order books and $333 million in 24-hour liquidations with $213 million from shorts.

At Monday's Wall Street open, Bitcoin (BTC) traded around $66,000 with price targets ranging from a potential drop toward $60,000 to a recovery higher. On-chain and derivatives analysts highlighted repeated sell pressure from U.S. traders, key support near $64,200–$65,000 and resistance up to $68,700. Market participants also focused on newly announced 15% U.S. trade tariffs, viewed by some as an immediate macro catalyst for Bitcoin.

Bitcoin traded in a narrowing band around intraday lows of $65,620 on Thursday while cross‑crypto liquidations over 24 hours reached $210 million. Analysts highlighted weak bounces, clustered liquidation levels between $64,000–$71,000 and four weeks of fund outflows totaling $3.74 billion as signs of persistently bearish sentiment.