Read more
08:51 · 4 March 2026

Bitcoin jumps above $70k USD despite stronger dollar📈

Bitcoin resumes its rally, even though sentiment across global equity markets still suggests risk aversion — visible even in falling precious metal prices, particularly silver. There is a possibility that capital leaving the silver market may be partially rotating into the surprisingly resilient BTC. Since the US attack on Iran, the cryptocurrency’s price has risen by around 10%, after initially dropping to roughly $63,000 in the immediate reaction.

At the same time, USD strength has not triggered declines in the crypto market, and the unwinding of various momentum trades (including positions in memory-chip suppliers) has not caused a sharp drop in BTC prices. One reason may be that the crypto market had already been heavily oversold, which currently limits its correlation with the broader market.

Bitcoin (D1)

BTC is currently trading near the upper range of its consolidation channel following the recent declines. The main test of strength may emerge in a scenario where the price moves toward around $76,000, where the EMA50 is located. This level has repeatedly acted as a significant resistance zone since autumn — notably in early October 2025 and mid-January 2026.

A breakout above this level could signal renewed pressure toward the $90,000 area. On the other hand, a bearish reaction within the $70,000–$76,000 range could trigger another downward impulse, potentially pushing the price below $60,000.

Source: xStation5

BTC has already broken above the 23.6% Fibonacci retracement, while the 38.2% retracement further highlights the $75,000 area as a potentially key resistance level.

Source: xStation5

4 March 2026, 09:44

Gold and silver rebound after the sell-off 📈

4 March 2026, 09:22

VIX struggle to rise higher despite uncertainty on Wall Street 🔎

4 March 2026, 07:48

Trump’s plan for Strait of Hormuz fails to stop gains in oil price, as investors pause European sell off

3 March 2026, 18:51

Daily summary: Markets capitulate under the influence of the Persian Gulf

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Join over 2 Million investors from around the world