Bitcoin's URPD shows almost zero supply between $72K and $82K


If we break this level, there's no resistance until $82,000
Between $59K and $72K there's a heavy accumulation zone built across February and March where most of the current coins were acquired
Above $72K there's barely any supply
When price dropped from $126K it moved through the $72K to $82K zone too fast for any meaningful accumulation to form
That leaves a structural air gap with almost no coins sitting at a cost basis in that range
No cost basis means no holders looking to sell at breakeven, which means almost no resistance
Price tends to move through these zones fast because there's no supply to absorb the momentum
The last time a gap like this formed was October 2023 between $30K and $40K
Bitcoin cleared that entire range in 9 days
BTC is sitting right at the top of the accumulation zone near $72K, funding rates are negative and spot buyers are coming back in
BTC-0,81%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin