2026-03-05 04:31:35

#BitcoinHitsOneMonthHigh As of early March 2026, Bitcoin (BTC) is showing mixed signals but leans bearish on the longer-term cycle view, despite a sharp short-term rally.

Current price is hovering around $72,000–$73,000 (up roughly 6–7% in the last 24 hours based on real-time data from sources like CoinMarketCap, CoinGecko, and Yahoo Finance). This comes after a recent bounce from lows in the mid-to-high $60,000s, pushing past some recent resistance near $71,000–$72,000.
Why the Bearish Case Dominates the Broader Narrative
Bitcoin peaked around $126,000 in October 2025 (post-halving bull run). It's now down over 40–45% from that all-time high, fitting classic post-peak drawdowns.
Many analysts frame 2026 as the "fourth-year" downturn in Bitcoin's roughly 4-year halving cycle:
Historical bear markets last 12–13 months or more, often with 70–80%+ drops from peaks.

BTC-2,51%

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