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Bitcoin hasn’t built much structure between $70K and $80K. Five years of CME futures data show BTC spent just 28 trading days in that zone. Compared to hundreds of days below $70K, that means far fewer positions were built there and much weaker historical

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Bitcoin hasn’t built much structure between $70K and $80K. Five years of CME futures data show BTC spent just 28 trading days in that zone. Compared to hundreds of days below $70K, that means far fewer positions were built there and much weaker historical support. On-chain data from Glassnode sho submitted by /u/DarkSatoshiX
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