Bitcoin's circulating supply has reached 19,998,888.66 BTC, or 95.23% of its 21 million cap, as of early 2026, with only 1,000,884 BTC left to be mined and block rewards cut to 3.125 BTC. Monthly issuance of roughly 13,500 BTC is now outweighed by buying from smaller and long-term holders, as well as spot ETFs holding about $86 billion in BTC, accelerating structural supply compression and reinforcing Bitcoin's scarcity narrative.

US spot Bitcoin ETFs have recorded two consecutive weeks of net inflows after shedding about $3.8 billion over five prior weeks of withdrawals. According to SoSoValue, the products attracted roughly $787 million last week and around $568 million this week, even as Bitcoin has traded well below its peak. Blockstream's Fernando Nikolić highlighted that cumulative US spot Bitcoin ETF inflows have already matched 15 years of gold ETF inflows in under two years.

US spot Bitcoin ETFs have posted a second straight week of net inflows, bringing in roughly $568.45 million after a prior weekly gain of $787.31 million. The move follows a five-week outflow streak of about $3.8 billion and comes alongside renewed inflows into US spot Ether ETFs, which added around $23.56 million following $80.46 million the week before. Bitcoin ETF inflows have also drawn comparisons with gold ETFs, with industry observers noting that Bitcoin products have matched roughly 15 years of gold ETF inflows in under two years.

Cryptocurrency analyst PlanB, known for the Bitcoin Stock-to-Flow model, has reiterated his view that BTC will average around $500,000 over the 2024–2028 halving cycle, projecting a broader range between $250,000 and $1 million. While advancing this long-term target, Bitcoin was trading near $67,334, down almost 1% on the day but about 0.6% higher on the week, as price action remains volatile below the $70,000 mark.

On 8 March 2026, Michael Saylor shared a cryptic social media post with a chart of MicroStrategy’s Bitcoin holdings, reviving expectations of another purchase. The company currently holds 720,737 BTC, valued at about $48.54 billion at a market price near $67,348, while its average acquisition cost is around $75,985.

At the end of the first week of March, Bitcoin is under notable selling pressure and may retest the $60,000 area after losing the $68,000 support level. Technical indicators on the BTC chart show a descending channel, a drop below the 200-day moving average and an RSI reading under 40. These signals suggest bearish momentum, with key buyer interest clustered between $52,000 and $55,000.

Bitcoin fell from near $72,000 to about $67,000 within 96 hours, during which an OnchainLens-tracked whale closed a roughly $47.74 million WBTC position on 7 March, realizing an estimated $19.62 million loss. CoinGlass data showed longer-term buyers face average losses of 18.8% and a negative $16.64 billion net flow, yet exchanges recorded about $416.9 million in net Bitcoin outflows over the past two days as reserves dropped from 2.47 million BTC to 2.43 million BTC.

After a turbulent week, Bitcoin traded in a relatively narrow range over the weekend while its broader structure still resembles a bear market. An on-chain analyst highlighted that rising long-term holder active supply and a prior drop from about $95,000 to nearly $60,000 indicate the BTC price may remain vulnerable, despite short-term support around $60,000–$62,000 and a current level near $67,628.