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Jakarta, Pintu News – Bitcoin (BTC) surged through the $75 level again today, reclaiming important territory amid a resurgence of bullish sentiment in the crypto market. The rise comes as traditional safe haven assets such as gold are under pressure due to the strengthening US dollar driven by the oil crisis. Amid these conditions, analysts think there is still room for further gains after BTC previously recorded a 13% rally.

As of March 17, 2026, Bitcoin was trading at $75,221, equivalent to IDR 1,282,086,849, marking a 4.62% gain over the past 24 hours. During that period, BTC fell to a low of IDR 1,225,485,611 and climbed to a high of IDR 1,288,345,707.
At the time of writing, Bitcoin’s market capitalization stood at approximately IDR 25,622 trillion, while its 24-hour trading volume surged 106% to IDR 1,049 trillion.
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Bitcoin surged 4% and broke the $74,000 level again, driven by strong upward momentum. In the last four hours, $165 million worth of short positions were liquidated, reinforcing the upward movement. The rally also received support from institutional interest after US PCE inflation eased to 2.8%.
The general crypto market sentiment has started to shift from the “extreme fear” phase towards a renewed optimism. This is driven by steady inflows into spot Bitcoin ETFs as well as easing macroeconomic pressures. Market participants are now looking forward to testing the $75,000 level or even higher, with the bullish camp still dominating as long as key support areas are maintained.
As reported by CoinGape, Bitcoin’s chances of advancing to $100,000 rose to the highest level since February on prediction platforms Polymarket and Kalshi. Polymarket’s data specifically shows that the probability of Bitcoin reaching $100,000 has increased to 44%.
Rich Dad Poor Dad author Robert Kiyosaki has reiterated his belief that the price of Bitcoin will still rise. He also thinks that gold and silver have the potential to strengthen again, although currently the two traditional hedging assets are under pressure as the US dollar index (DXY) has broken the 100 level.
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Kiyosaki said he remains optimistic as long as Iran continues to attack oil tankers in the Strait of Hormuz. According to him, this situation has contributed to the increase in oil prices, including from his oil wells in Texas.
Robert Kiyosaki also highlighted Warren Buffett’s strategy of holding cash after offloading stocks and bonds. He even revealed that last week he used millions of dollars in cash to buy oil, gold, silver, and Bitcoin futures contracts amid the heating up of geopolitical tensions in the Middle East.
Kiyosaki’s bullish stance is considered in line with the ongoing Bitcoin rally. Improved market liquidity conditions and the return of stablecoin inflows are also factors that support the strengthening of BTC.
Veteran trader Peter Brandt highlighted the appearance of the classic “Horn” pattern on Bitcoin’s daily chart. In his latest projections, he also mentioned the presence of the “Banana Split” pattern on the weekly and daily timeframes, which indicates a potential price increase in the short term.
Despite previously giving a more cautious warning, Brandt is now showing a bullish outlook for the short term. The daily chart of BTC, according to him, shows an opportunity for a rally that could continue until early April. He also expects gold prices to weaken, which could eventually be a catalyst for Bitcoin price gains.
Gold prices recorded a 0.30% drop to $5008 today, having previously plunged nearly 3.5% over the past week. Meanwhile, Bitcoin managed to move back above the 50-day moving average level, which opens up opportunities for a continuation of the rally.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.
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