Will Bitcoin dip to $70,000 on March 18?

Analysis

With Bitcoin trading at $73,500-$73,900 and a high probability of maintaining above $72,000, the likelihood of it dipping to $70,000 today is low. Recent price movements show resilience around $73k, recovering from intraday dips, suggesting strong support. The upcoming FOMC decision is crucial; however, even a hawkish stance risks only slightly testing $70k, not breaking it. On-chain data indicates strong institutional holding, minimizing volatility. The geopolitical situation adds complexity but hasn't pushed BTC below $73k. Given this market structure, sentiment, and fundamental backdrop, $70,000 seems unlikely.