Bitcoin Rally Fails at $69K–$70K Resistance: What's Next After Rejection? – BTC TA March 3, 2026

The Bitcoin bulls took their opportunity on Monday with a strong rally to the upside. In the space of only 3 hours, the $BTC price climbed around 7.2%, equivalent to about $4,700. However, after hitting $70,000 the price fell back down and has also dropped beneath the critical $69,000 horizontal resistance. Is this the end of the rally, and could Bitcoin fall a lot lower?