Bitcoin traders agreed that BTC price action needed to retake $72,000 to open up the odds of further upside as gold and US stocks gained.

Bitcoin fell below $70,000 amid geopolitical tensions, while analysts pointed to early signs of a potential structural shift in market behavior.

Bitcoin Yardstick data confirmed a new record for BTC price "deep value" in February as miners battled the lowest price levels in 15 months.