Bitcoin (BTC) Price: Holds $70,000 After U.S. Strikes Iran’s Kharg Island – Watch These Levels

TLDR

• Bitcoin is trading around $70,000, down 0.7% in 24 hours after U.S. strikes on Iran’s Kharg Island
• BTC posted a 4.2% weekly gain — its strongest seven-day return since September 2025
• The $73,000–$74,000 resistance level has now rejected Bitcoin four times in two weeks
• Spot Bitcoin ETF inflows hit $1.9 billion over three weeks, with $1.34 billion added in March alone
• The Fed meets March 17–18, with markets watching for any signal on rate policy

Bitcoin is holding steady at $70,000 on Saturday, March 14, despite fresh geopolitical pressure after the U.S. bombed Kharg Island, Iran’s primary crude oil export facility.

The price dropped 3.5% from a Friday high of $73,838 following the strike. That pullback was sharp but contained.

Two weeks into the Middle East conflict, Bitcoin is actually higher than where it was when the war began.

On the week, BTC is up 4.2%. Ether gained 5.5% to $2,090. Dogecoin added 5%. Solana rose 4.2% to $88. BNB climbed 4.5% to $655. Every major token is green on the week.

Early in the conflict, every headline produced sharp moves in crypto markets. Now traders appear to have a working framework: strikes happen, oil spikes, Bitcoin dips — then recovers.

That pattern has repeated enough times that the reflexive sell-off impulse has faded noticeably.

The $73,000–$74,000 Wall

Bitcoin has now been rejected at the $73,000–$74,000 range four separate times in two weeks. That level remains the key resistance traders are watching.

If BTC can stabilize above $74,000, liquidation data shows roughly $1.9 billion in leveraged long positions clustered just above $75,000 — a zone that could attract price action.

Above that, between $76,000 and $80,000, there is approximately $2 billion in sell-side liquidity spread across a $4,000 range.

The Coinbase premium gap turned positive for the first time in nearly ten weeks, reading +35.4. This signals buying pressure from U.S. spot traders, reversing a persistent selling trend seen for most of 2026.

ETF Inflows and Corporate Buying Support the Rally

Spot Bitcoin ETF net inflows have exceeded $1.9 billion over the past three weeks. March alone has seen $1.34 billion added, putting ETFs on track for their first positive month since October.

Strategy acquired 11,042 BTC this week through its STRC financing program, adding consistent demand to the market.

The $371 million in total liquidations over the past 24 hours showed both sides of the trade. Short liquidations led at $207 million versus $163 million in longs.

Iran responded that any strike on energy infrastructure would trigger retaliation against U.S.-linked facilities in the region.

The Fed meets March 17–18. CME FedWatch prices a 95%+ probability of a hold at 3.5%–3.75%, but traders will focus on the dot plot and Powell’s press conference for any shift in rate guidance.

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