


Bitcoin has spent a very short period between $70,000 and $80,000. It has only traded in this range for 28 trading days. This situation indicates one of the least developed price ranges in terms of past consolidation and support.
Data from Glassnode's Unused Transfer Output Realized Price Distribution (UTXO Realized Price Distribution) shows that the limited supply in the $70,000 to $80,000 range is concentrated. This suggests that if a pullback occurs, Bitcoin would need to consolidate in this zone to establish a stronger structural support.
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