Bitcoin (BTC), on the 5th of March 2026, reached $73,422. The asset was rejected once more. BTC made multiple attempts, without success, to surpass the $73,000 threshold. According to CoinGecko data, BTC’s price is up by 4.2% in the last week Charts for 14 days show a drop of 4.7%. However, it is down 3.1% since the last day, 7.7% from the prior month and 23.2% in March 2025. Let’s discuss why Bitcoin (BTC) faces rejection after every rally, and how it can reclaim the $90,000 price level.
Why Bitcoin faces rejection after each rally?
Bitcoin (BTC), soon after reaching its new record-high, started to descend in 2025. The cryptocurrency market experienced its largest ever single-day event of liquidation in the same period. The rise in macro-uncertainties and geopolitical tensions led to a mass exodus from risky investments.
Bitcoin’s (BTC) price took another hit in February 2026 due to a liquidity crunch adding to sell pressure. BTC’s price has not risen above $73,000 since then. Further, investors may be hesitant to invest in the crypto market due to the ongoing US-Israel-Iran War.
Bitcoin (BTC), however, may take some time before it regains the price of $90,000. Investors are taking a conservative approach because the global economy remains weak. BTC will not reach $90,000. This is until global economic conditions and conflicts are improved.
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According to CoinCodex analysts, Bitcoin’s (BTC) price may rally over the coming daysThe price will hit $80 904 by March 15, 2026. A price increase of 14.77% is required to reach $80904 from the current levels. However, CoinCodex does not expect BTC’s price to hold the $80,000 price level. By early May 2026, the platform expects BTC’s price to drop back down to $72,000-$73,000.
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Source: watcher.guru
