On Wednesday, US spot Bitcoin ETFs recorded $462 million in net inflows, led by BlackRock's IBIT with $307 million, while Bitcoin briefly moved past $73,000. Over the last three trading days, cumulative ETF inflows reached $1.1 billion, pushing year-to-date flows back to around $700 million after a prior $3.8 billion outflow stretch.

On March 5, 2026, analyst Benjamin Cowen said Bitcoin may stage a short-term advance into March if its historical yearly pattern repeats. He noted that BTC has often dropped in January and February, rebounded in March, and then softened in April and May. Cowen cautioned that such March strength has typically produced only a lower high before further downside, highlighting resistance near $74,000–$75,000 and a bear market resistance band around $85,000.

In the past 48 hours, Bitcoin has rallied nearly 8% and is now testing the $73,000 level, yet sentiment remains weak with the Bitcoin Fear and Greed Index stuck at 22. Despite this rebound, the cryptocurrency is still down 42.6% from its all-time high set about five months ago. Recent data show that a brief improvement in early January followed a deep slump in December 2025, but February's extreme fear and single-digit readings have left traders cautious about the latest move.

Bitcoin climbed past the $70,000 resistance and recorded a monthly high at $74,000, extending an $11,000 rebound from a recent Saturday low linked to tensions involving the US, Israel, and Iran. Analysts highlight renewed spot ETF inflows, post-holiday activity in China, and strong whale buying as drivers, and now focus on light supply between $72,000 and $81,000 with major resistance projected around $83,307 and $84,569.

On 5 March 2026, Bitcoin traded around $72,656, extending its weekly advance while the total digital asset market capitalization approached $2.44 trillion after a roughly 4.6% daily rise. Major altcoins such as Ethereum near $2,130, BNB above $654, Solana around $90.79, and XRP close to $1.42 also moved higher as sentiment indicators, including a Fear & Greed Index reading of 29 and an Average Crypto RSI near 53, pointed to a gradually improving yet cautious market. Traders are watching whether Bitcoin can defend support in the $70,000–$72,000 range and potentially challenge the psychologically important $75,000 level.

Lawmakers and financial regulators in South Korea have agreed on a 20% ownership ceiling for key shareholders in crypto trading platforms, with major exchanges facing a three-year deadline to comply. Upbit and Bithumb, which together control about 90% of the market, are expected to adjust within three years, while smaller platforms may receive up to six years. The cap still needs National Assembly approval, and Bitcoin is trading above $72,870 with a 7% gain over the past 24 hours. The measure is part of broader digital asset legislation that also tightens licensing standards and oversight of industry participants.

On March 4, Bitcoin rallied strongly, hitting an intraday high of $73,952.99 while trading closely in line with U.S. SaaS tech stocks. Arthur Hayes cautioned that Bitcoin has not yet broken its correlation with software equities and suggested the move could be a dead cat bounce. At the same time, Peter Brandt viewed the breakout from a symmetrical triangle pattern and push toward $73,000 as a potentially important shift in the asset's price behavior.

Bitcoin is trading back above $70,000 after a sharp rejection from the $110,000–$115,000 region, with price hovering near key long-term moving averages that many traders watch as support. On-chain data indicates that American Bitcoin, a mining operation associated with the Trump family, has mined about 766 BTC this year and is holding these coins on-chain as part of a wider strategy that now includes an 11,000-rig expansion and a total reserve of roughly 6,100 BTC.