Bitcoin's 'worst is behind us' 🤔

Analysts and trader sentiment are shifting positive on Bitcoin's prospects, but the cryptocurrency is stubbornly refusing to break out.

Author

Stephen Graves
March 05, 2026

Together with:

📝 What you need to know

Bitcoin remains stubbornly rangebound, with its push above $73,000 retracing Thursday morning. But analysts are arguing that “the worst is behind us,” as a bottom starts to form, while trader sentiment is shifting positive, with users of prediction market Myriad, owned by Decrypt’s parent company Dastan, flipping bullish on Bitcoin’s prospects.

The top crypto’s price movement is prompting investors to reassess the forces shaping the market, with analysts pointing to a growing chorus in Washington pushing for crypto policy and deeper institutional integration as positive signs.

'The Worst Is Behind Us': Bitcoin Market Conditions Mirror FTX Bottom, Analysts Say

K33 analysts believe that Bitcoin's price may have bottomed, with several technical indicators matching market chaos observed in 2022.

From our partner

The way people manage crypto is evolving. Join the next generation of wealth with Nexo. Access interest on your assets, borrow against them, and trade, all in one place.

📰 In the News

Bitcoin Price Predictions Flip Bullish, But Ethereum Is Still Stuck

Prediction market traders are becoming more bullish on Bitcoin's near-term price, but they're not as confident on Ethereum.

How Policy Shifts, Geopolitical Tensions Are Reshaping the Bitcoin Trade

Fresh ETF inflows, policy momentum and a deeper integration with the financial system are beginning to shift sentiment, analysts say.

FATF Flags Peer-to-Peer Stablecoin Transfers as Top Money Laundering Risk

The Financial Action Task Force wants issuers to embed freeze and deny-list controls directly into smart contracts.

📊 Myriad Market of the Day

BTC next move: Pump to $84K or Dump to $55K?

Trade "BTC next move: Pump to $84K or Dump to $55K?" on Myriad

🤡 Meme of the Day

🥇 Be First to Market With Myriad

Join the Myriad Markets Telegram to see the latest prediction markets the second they drop!

With Myriad, the on-chain prediction market launched by Decrypt’s parent company DASTAN, you can break the news and stake the news, using USDC and points.

🕵🏻‍♀️ Editor’s Picks

Senator Flags White House 'Corruption' Concerns Over Iran War Predictions Markets

The senator has slammed predictions markets betting on war in the Middle East, accusing White House officials of corruption.

Federal Contractor’s Son Arrested, Charged With Stealing $46 Million From US Crypto Stockpile

The son of a federal contractor was arrested and charged with stealing $46 million in crypto from the U.S. Marshals Service.

Inside the Ray-Ban Smart Glasses Controversy Plaguing Meta

An investigation into Meta’s smart glasses has ignited concerns from regulators and privacy advocates over the use of sensitive footage.

📚 Watch and Learn

📹️ WATCH: Bitcoin $73K & Crypto Market Pumps, Kraken's Fedwire Win Explained, BTC ETFs $1.15B Inflows in March

🎓️ LEARN: What Is World Liberty Financial? The Trump Family DeFi Project Explained

The biggest crypto venture linked to U.S. President Donald Trump is a DeFi project promising to help the unbanked. But how does it work?

Interested in partnering with Decrypt? Find out more here.