- Bitcoin’s $87K to $75K range has little historical activity, creating a risky zone for future price moves.
- The $25K to $30K range holds the strongest investor activity, acting as a key safety level for the market.
- Breaking past the $50K to $60K resistance could require more buying demand as historical data shows strong selling pressure.
Bitcoin’s on-chain data shows a $12,000 gap between $87,000 and $75,000 with very little historical support to stabilize prices. According to Glassnode’s UTXO Realized Price Distribution (URPD) chart, the lack of activity in this range could lead to higher volatility if Bitcoin’s price moves into it. The data also highlights critical accumulation zones where the majority of investors entered the market and key resistance points that may slow down future price increases.
Major Accumulation and Resistance Zones
The range between $25,000 and $30,000 has the highest activity, showing over 400,000 UTXOs, which reflects strong investor accumulation. This zone has served as a solid support level, with many investors buying during this period, especially during market corrections. Similarly, the $16,000 to $20,000 price range saw heavy trading activity when buyers entered at lower prices in early 2023.
In contrast, Bitcoin’s $50,000 to $60,000 range shows resistance, with large amounts of historical trading volume that make breaking this level difficult. The psychological barrier within this range has previously seen strong selling pressure that could limit future price growth without considerable buying momentum.
On the other hand, the data reveals that Bitcoin’s $87,000 to $75,000 price range is almost empty, with just over 72,000 UTXOs recorded. This means the range lacks historical buyer activity and offers almost no support for prices if Bitcoin enters this zone again.
What the $12,000 Void Could Mean
The gap between $87,000 and $75,000 presents a potential problem because there is no historical trading volume to provide price stability. Without support, Bitcoin could experience sharp price swings, making it risky for long-term investors as well as those relying on predictable trends. However, if fresh demand comes from institutional or retail investors, this gap could fill quickly and help stabilize prices.
Additionally, the $25,000 to $30,000 range remains a key safety zone since it holds the largest concentration of investor interest. Breaking the $50,000 to $60,000 resistance would likely require significant momentum, while prices beyond $75,000 face the risk of instability. This raises the question of whether Bitcoin can build new support at higher levels without facing sudden drops.
