The post Relief bounce for Bitcoin price now amid geopolitical tensions and macro stress appeared on BitcoinEthereumNews.com.

Markets are attempting to stabilize after last week’s volatility, with Bitcoin price now recovering while broader risk sentiment remains fragile and driven by headlines. BTC/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Daily chart (D1): neutral bias with a fragile recovery The daily timeframe sets the core view, and right now it points to a neutral regime, leaning slightly constructive as long as the mid-$60Ks hold. Trend structure – EMAs Price (close): $69,002 EMA 20: $68,478 EMA 50: $74,784 EMA 200: $90,887 Bitcoin price now vs USDT is trading around $69,000, staging a recovery after last week’s flush below $64,000 on the back of U.S.–Israel strikes on Iran and renewed inflation worries. The broader crypto market is up roughly 3% over 24 hours, but sentiment is still gripped by Extreme Fear (index at 10). Bitcoin has reclaimed the 20-day EMA and is sitting just above it, but it is still well below the 50-day and 200-day averages. In plain terms, short-term momentum has snapped back, yet the broader uptrend that pushed price to prior highs has cooled off. The 20-day now acts as first support around $68.5K, while the 50-day near $75K is the next serious ceiling. Until BTC can flip that 50-day back into support, this remains a market in repair, not in full trend. Momentum – RSI RSI 14 (daily): 47.7 Daily RSI is sitting just under the 50 line, which is classic neutral to slightly undershoot. The market has unwound a lot of froth but has not yet shifted into aggressive accumulation. It suggests dip-buyers are active, but they are not chasing; strength is being sold into, weakness is being bought, and neither side has full control. Trend-follow vs mean reversion – MACD MACD line: -2,466 Signal line: -3,263 Histogram: +796 The MACD is still below…

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Filed under: News - @ March 2, 2026 8:26 pm