After getting cut nearly in half from its January highs above $105K, Bitcoin has clawed back into the low-to-mid $70K range and is now pushing against its first meaningful resistance zone - somewhere between $76K and $80K - in what's shaping up to be the market's first genuine attempt at recovery since the selloff began.

Bitcoin's price is back above $74,000 again, and for a market that was registering an Extreme Fear reading of just 5 as recently as February 6th, that's not nothing.

Bitcoin is not having a clean March. After briefly flirting with the $70K range, the market is throwing up signals that veteran analysts aren't ignoring - and neither should you.

Bitcoin is trading near the $70,700 level as the broader cryptocurrency market consolidates following recent volatility.

Currently trading around $71,000, Bitcoin is pushing toward a resistance zone that could define the next several months of price action.

Binance Research's latest cycle analysis covers U.S. midterm election years going back to 1939 for equities and across all three Bitcoin midterm cycles on record.

Bitcoin is flashing mixed signals. Price action has turned volatile, macro headwinds are mounting, and two of the most closely-watched voices in crypto are urging patience before pulling the trigger.