2026-03-04 19:47:22

🟠 Why did the price of Bitcoin rise, and will the increase be sustainable? Here's what to focus on

Bitcoin's price continued its upward trend, surpassing $73,000 for the first time in three weeks. However, analysts believe that the sustainability of this rise will largely depend on global liquidity conditions and the trajectory of geopolitical risks.

Market experts say that institutional demand and derivatives market movements have played a significant role in the recent surge. Ranveer Arora, co-founder and CEO of Alterra, stated that inflows into spot Bitcoin funds (ETFs) provided structural buying support in the market. However, according to Arora, direct price catalysts include further rebalancing of investor positions, reduced supply elasticity after the halving, and improved liquidity expectations.

Arora mentioned that after absorbing selling pressure in the cryptocurrency markets, positions begin to reallocate, and at this stage, inflows into leverage and derivatives markets accelerate the price discovery process. He argued that Bitcoin's movements are closely linked to the global liquidity environment, commenting: "Rather than acting as a traditional safe-haven asset, Bitcoin behaves more like a high-risk inverse to global liquidity conditions."

On the other hand, Alex G., head of product at LetsExchange, said that rising geopolitical tensions and global uncertainty have contributed to Bitcoin reaching the $73,000 level. However, Alex G. expressed that he does not expect the current rally to last for a long time.

Alex G. said, "This rally may not be permanent, but I also don't expect a significant drop in price," adding that Bitcoin may struggle to compete with more conservative assets like gold when the global financial system experiences major disruptions and liquidity flows are heavily impacted.

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TopCryptoNews

2026-03-04 18:33:14

🟠 Why Did Bitcoin Surge, and Will the Rally Be Long-Lasting? Here’s What to Focus On

Bitcoin’s price continued its upward trend, surpassing the $73,000 level for the first time in three weeks. However, analysts believe that whether this rally is sustainable will largely depend on global liquidity conditions and the trajectory of geopolitical risks.

Market experts say that institutional demand and movements in derivatives markets have been particularly influential in the recent surge. Ranveer Arora, co-founder and CEO of Altura, stated that inflows into spot Bitcoin ETFs provided structural buying support in the market. However, according to Arora, more direct price triggers include investors rebalancing their positions, decreased supply elasticity after the halving, and improved liquidity expectations.

Arora stated that after the selling pressure in the cryptocurrency markets is absorbed, positions begin to be redistributed, and at this stage, flows in leveraged and derivatives markets accelerate the price discovery process. Arguing that Bitcoin’s movements are closely linked to the global liquidity environment, Arora commented, “Rather than behaving like a traditional safe-haven asset, Bitcoin acts more like a high-beta reflection of global liquidity conditions.”

On the other hand, Alex J., Chief Product Officer of LetsExchange, stated that increasing geopolitical tensions and global uncertainty played a role in Bitcoin’s rise to the $73,000 level. However, Alex J. expressed that he does not expect the current rally to continue for a long time.

“This rise probably won’t be permanent, but I don’t expect a major price drop either,” said Alex J., adding that Bitcoin could struggle to compete with more conservative assets like gold when the global financial system experiences significant turbulence and liquidity flows are substantially affected.

‍#BTC | #Bitcoin

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