Analysis: BTC lacks historical price support within the $70,000 to $80,000 range.
TechFlame
2025-12-25 14:15
TechFlame2025-12-25 14:15
English
TechFlame reports, citing data from Investing.com and Glassnode, that BTC spent only 28 trading days in the $70,000 to $79,999 range and just 49 trading days in the $80,000 to $89,999 range. In contrast, lower price ranges such as $30,000 to $39,999 and $40,000 to $49,999 each experienced nearly 200 trading days. The UTXO Realized Price Distribution (URPD) data also indicates a notable lack of supply concentration between $70,000 and $80,000. These figures suggest that BTC has weaker support in the $70,000 to $89,999 range compared to the previous $50,000 to $70,000 level. If the market enters a correction phase, this range may require more time for turnover to establish solid support.