There is a support gap in the range of 70,000-80,000 dollars for Bitcoin.

Historical Lack of Price Support in Bitcoin

Bitcoin has spent a very short period in the range of 70,000 to 80,000 Dollars. It has only traded for 28 trading days in this range. This situation indicates one of the least developed price ranges in terms of past consolidation and support.

Data from Glassnode’s Unspent Transaction Output (UTXO) Realized Price Distribution shows that the limited supply in the range of 70,000 to 80,000 Dollars is concentrated. This suggests that if a pullback occurs, Bitcoin needs to consolidate in this area to create a stronger structural support.