Bitcoin\u2019s price has finally shown strong signs of a solid breakout, skyrocketing to a new monthly peak of over $73,000 earlier today.<\/p>\n
This is rather unexpected given the massive geopolitical tension, even referred to as war by some analysts, that broke out in the Middle East on Saturday.<\/p>\n
At the time, BTC dumped to $63,000 after the US and Israel launched a military operation against Iran, which retaliated immediately against several nations in the region. Although Iran\u2019s Supreme Leader was killed<\/a> during the attacks, the country has doubled down on its strikes, while the US President indicated that the war could last up to four weeks.<\/p>\n Instead of charting new and painful losses, bitcoin reversed its trajectory by the end of Saturday and rocketed<\/a> to $68,000. It was rejected and driven south to $66,000 in the following few days, but went hard on the offensive<\/a> in the past 12 hours or so.<\/p>\n The cryptocurrency gained more than $5,000 within this timeframe, surging to its highest level in a month at over $73,000. This means that it\u2019s up by more than $10,000 since its Saturday low when the attacks began.<\/p>\n Popular analyst CW suggested that the BTC CVD indicator \u201cshows strong buying,\u201d mostly from whales rather than retail.<\/p>\n The $BTC<\/a> CVD indicator shows strong buying.<\/p>\n In addition, the buying is lager from whales than retail investors.<\/p>\n The current uptrend is being driven by whales. pic.twitter.com\/HyAnB6XzOB<\/a><\/p>\n \u2014 CW (@CW8900) March 4, 2026<\/a><\/p>\n\n In another post, the analyst noted<\/a> that today is the first day after the Chinese holidays, which lasted for over a week this time, and some of the most utilized exchanges on local soil \u2013 Binance and OKX, \u201care showing massive net buying of BTC.\u201d<\/p>\n Fellow market commentator Daan Crypto Trades acknowledged bitcoin\u2019s surge to a month peak, indicating that the current rally has been a \u201csolid breakout so far.\u201d He believes the bulls should not allow BTC to dip below $71,500 again; otherwise, it would be regarded as a clear sign of weakness.<\/p>\n $BTC<\/a> Highest level since early February again.<\/p>\n Solid break out so far. From here on out it\u2019s pretty straight forward. Bulls should not let this fall below that $71.5K-$72K area again. If it does, and price accepts back into the range, then this was just a big deviation & stop\u2026 https:\/\/t.co\/SdjrYF1lmw<\/a> pic.twitter.com\/8ODkoKhtVa<\/a><\/p>\n \u2014 Daan Crypto Trades (@DaanCrypto) March 4, 2026<\/a><\/p>\n\n The post Bitcoin Price Surges to Monthly Highs, Gains Over $10K Since USA-Iran Strikes Began<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin\u2019s price has finally shown strong signs of a solid breakout, skyrocketing to a new monthly peak of over $73,000 earlier today. This is rather unexpected given the massive geopolitical tension, even referred to as war by some analysts, that broke out in the Middle East on Saturday. At the time, BTC dumped to $63,000 […]<\/p>\n","protected":false},"author":0,"featured_media":139741,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-139740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/139740"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=139740"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/139740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/139741"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=139740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=139740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=139740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}