Bitcoin (BTC) price is showing strength in a difficult environment. Bitcoin is showing strength despite a new military escalation in the Middle East and questions about the actions of the next US Federal Reserve president.
As you can see from the CriptoNoticias price calculator, Bitcoin is trading at $66,475 at the time of publishing this article.
The following graph provided by the CoinGecko platform shows how the digital asset has performed over the past 7 days. It’s clear there It holds the $65,000 area as solid support.
Against this backdrop, we are starting to hear more optimistic forecasts than a few days ago. Among them, the predictions of businessman, analyst and trader Michael van de Poppe stand out for their accuracy.
The analyst wrote on the X account today, March 3, 2026:
Bitcoin had a very good move yesterday, rising above $65,000 and towards range resistance. I said I expected several days of consolidation before an upside breakout. In fact, we have been establishing this range for quite some time. However, with this increase, I think it will be between $75,000 and $80,000 in March.
Michael van de Poppe, market analyst.
Van de Poppe’s text is accompanied by the following graph showing his estimated target price.
Several indicators confirm that Bitcoin’s health is improving
Analysis by Glassnode, an on-chain metrics provider company, published yesterday, March 2, 2026, confirms the following from Van de Poppe’s recent statement: Bitcoin could see improvement and gain upward momentum.
Glassnode specialists said: “Although no definitive breakout has occurred, several indicators suggest that the situation is gradually improving behind the scenes. Momentum is about to recover. The RSI has broken through recent lows but is still below the neutral threshold of 50, indicating a recovery without full bullish control.”
From these indicators, the analysts cited above believe that “generally speaking, conditions reflect the dynamics of an early recovery in a still fragile environment. Momentum and activity are improving, but confidence remains weak across derivatives, options, and capital flow metrics.”
“Bitcoin may continue to be sensitive to new geopolitical developments”: Carolina Gama
But not everyone is so optimistic. Some choose to maintain a more cautious attitude. In communication with CriptoNoticias, Carolina Gama; country manager A representative from Argentina at the Bitget exchange commented that Bitcoin’s volatile movements last week were due to a combination of factors, with the escalation of the war between the United States, Israel, and Iran standing out among them. Gama explains that this is “driving the classic dynamics of risk aversion in global markets.”
On the other hand, Mr. Gama points out that: There is a sense of caution in the derivatives market: “Bitcoin futures open interest on Monday fell to $43 billion from $44 billion a day earlier, the lowest level since November 2024. The move highlights the decline in interest from retail investors, which had peaked at about $94 billion in October.”
The expert concluded: “The combination of macroeconomic uncertainty and contraction in derivatives markets suggests that Bitcoin may remain sensitive to new geopolitical developments in the short term. Still, environments with high volatility tend to create selective opportunities, which require discipline, careful reading of scenarios, and appropriate risk management by market participants.”
