Bitcoin (BTC) Daily Market Analysis 03 March 2026

Bitcoin's fragile rally faces institutional headwinds – here's the latest: • Bitcoin surged to $68,784 on 03 March 2026, driven by short-covering rather than fresh institutional demand. • Persistent ETF outflows total over $9 billion in four months, with extreme fear sentiment at a historic low. • Technical indicators remain bearish, with critical support at $62,300 and resistance near $72,000-$73,000. • March is seen as a critical month, needing a reversal in ETF flows to sustain any recovery toward $100,000.