Bitcoin price reacted positively as US CPI inflation conformed to market expectations, as traders stayed in wait-and-see mode.

Bitcoin open interest sparked a prediction of high BTC price volatility to come as $70,000 remained the bulls' key reclaim level.

Bitcoin copied a relief rally in stocks, but concerns focus on downside liquidity and looming 50-day moving average resistance.

Bitcoin managed to avoid losses suffered by global stock markets over oil supply uncertainty, with a 5% relief bounce from its weekly open level.

Bitcoin faced two death crosses and the total failure of the $74,000 BTC price breakout headed into the second week of March as the US and Israel-Iran war raged on.