Analysis: Bitcoin forms a chip accumulation zone between $62,000 and $72,000, with potential to generate new breakthrough momentum

MarsBitNews · 2026-03-13T11:13:21+00:00

Under Middle East tensions, Bitcoin price breaks through $72,000, demonstrating market resilience. Investors are watching the upcoming U.S. PCE price index release and Federal Reserve rate-cut pressures. Analysts believe that if Bitcoin continues to see capital inflows, it could generate new medium-term breakout momentum.

MarsBitNews

2026-03-13 11:13:21

Abstract generation in progress

Crypto News: Amid ongoing geopolitical tensions in the Middle East, Bitcoin price has surged past $72,000, reaching a new high and demonstrating strong market resilience. The market is also paying close attention to the upcoming U.S. PCE inflation index, a key indicator used by the Federal Reserve to measure inflation. U.S. President has once again pressured the Fed, calling on Chair Powell to cut interest rates immediately, rather than waiting until the next policy meeting. Bitcoin has performed “surprisingly strong” amid recent geopolitical shocks, with data showing a new accumulation zone forming between $62,000 and $72,000. However, compared to previous phases that drove significant rallies, current accumulation strength remains relatively limited. Analysts believe that if capital continues to flow in, Bitcoin could gain new medium-term breakout momentum.

BTC0,32%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes