Why Bitcoin’s $70K–$80K zone matters
#bitcoin spent very little time trading in the $70K–$80K range over the past few years. When price doesn’t stay in an area for long, fewer positions are built and structural support tends to be weaker.
On-chain data shows a similar picture, with limited supply concentration in that zone. That doesn’t point to immediate downside, but it does suggest that if price ever returns there, the market may need time to stabilize.
Strong support is usually formed through time and participation, not speed.
BTC
92,765.33
+1.46%