Bitcoin's price analysis reveals weak historical support in the $70,000 to $80,000 range, according to CME futures data. Over the past five years, Bitcoin has only spent 28 days in the $70,000–$79,999 band and 49 days in the $80,000–$89,999 range. In contrast, the $30,000–$49,999 range saw nearly 200 days of consolidation, indicating stronger support. Glassnode's UTXO data further confirms that there is little supply concentrated above $70,000, suggesting limited historical trading activity in this upper range. This lack of support may influence traders to focus on altcoins as Bitcoin struggles to establish a foothold above $70,000.