Bitcoin’s surprise move on Wednesday from a low of $56,738 to $63,913 sparked widespread price increases among altcoins with Ethereum (ETH) leading the charge to $3,500. Based on the latest crypto price prediction, both fundamentals and technical levels are strong for a continued rally towards the all-time high near $70,000 and BTC’s eventual climb above $70,000.
Bitcoin Price Prediction: Can BTC Reach $70,000 In March
Several factors are driving BTC on its unstoppable north-facing trajectory. The launch of spot Bitcoin ETFs in January drastically changed the crypto landscape not only for Bitcoin but also for altcoins, especially majors such as ETH and Solana (SOL).
According to SoSoValue, a platform tracking the performance of the ETFs, the total net inflow reached $673 million on February 28, marking another bullish streak, Chinese reporter Wu Blockchain highlighted on X.
According to SoSoValue data, on February 28th, the total net inflow for Bitcoin spot ETFs was $673 millio
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