Bitcoin (BTC) has entered a low-liquidity zone between 70,000 and 80,000 dollars, leading to increasingly volatile price action.
According to data from Glassnode, this range is considered a “liquidity void,” where supply is significantly limited. BTC dropped below 75,000 dollars twice last week, highlighting the growing market instability. Experts view this region as a previously skipped range during past rallies, now acting as a potential consolidation zone.
Glassnode’s URPD (UTXO Realized Price Distribution) data shows that only 2% of the total BTC supply is currently located within the 70K–80K dollar range, making prices more susceptible to sharp upward or downward movements. Additionally, around 25% of the current Bitcoin supply is underwater, with most of those holdings belonging to short-term investors who bought within the last 155 days—adding further risk of volatility in the near term.
