{"id":571780,"date":"2026-03-20T21:53:00","date_gmt":"2026-03-20T21:53:00","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/03\/20\/bitcoin-price-aims-to-hold-70k-amid-rising-inflation-concerns\/"},"modified":"2026-03-20T21:53:00","modified_gmt":"2026-03-20T21:53:00","slug":"bitcoin-price-aims-to-hold-70k-amid-rising-inflation-concerns","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/03\/20\/bitcoin-price-aims-to-hold-70k-amid-rising-inflation-concerns\/","title":{"rendered":"Bitcoin price aims to hold $70K amid rising inflation concerns"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YmMzOGEtMjU5NS03MmE0LWE1ZjctNjc3ODYxMmM2OWQ1LmpwZw==.jpg\" alt=\"Bitcoin price aims to hold $70K amid rising inflation concerns\" class=\"type:primaryImage\" \/><\/p>\n<p>Bitcoin searches for equilibrium at $70,000 while rising crude oil prices and tanking stock markets have investors worried over the future of inflation in the US.<\/p>\n<p>Bitcoin\u2019s (<a title=\"\/bitcoin-price\" href=\"https:\/\/cointelegraph.com\/bitcoin-price\" target=\"_blank\" rel=\"nofollow noopener\">BTC<\/a>) swift rejection from its $76,000 range high on Tuesday, and the subsequent sell-off below $70,000, raised concerns among traders that the <a title=\"https:\/\/cointelegraph.com\/markets\/bitcoin-rsi-eyes-2022-repeat-analysis-time-to-pay-attention\" href=\"https:\/\/cointelegraph.com\/markets\/bitcoin-rsi-eyes-2022-repeat-analysis-time-to-pay-attention\">bottom is not in<\/a> for BTC.<\/p>\n<p>Chartered market technician Aksel Kibar <a title=\"https:\/\/x.com\/TechCharts\/status\/2034493062483751355?s=20\" href=\"https:\/\/x.com\/TechCharts\/status\/2034493062483751355?s=20\" target=\"_blank\" rel=\"nofollow noopener\">suggested<\/a> that a bearish wedge pattern similar to the one seen from December 2025 to early January 2026 may be forming again.\u00a0<\/p>\n<p>Kibar said,\u00a0<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-aims-to-hold-70k-amid-rising-inflation-concerns\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin searches for equilibrium at $70,000 while rising crude oil prices and tanking stock markets have investors worried over the future of inflation in the US. Bitcoin\u2019s (BTC) swift rejection from its $76,000 range high on Tuesday, and the subsequent sell-off below $70,000, raised concerns among traders that the bottom is not in for BTC. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":571781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-571780","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/571780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=571780"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/571780\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/571781"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=571780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=571780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=571780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}