Bitcoin Surges To $72,000, But Remains Stuck In Key Supply Zone

On-chain data shows Bitcoin has been trading insid

Bitcoin Surges To ,000, But Remains Stuck In Key Supply Zone

Bitcoin Surges To $72,000, But Remains Stuck In Key Supply Zone

On-chain data shows Bitcoin has been trading inside a major cost-basis cluster recently, and the latest rally hasn’t taken it past the range either.

Looks like a large amount of the asset was purchased at levels between $63,000 and $73,000 | Source: @alicharts on X
The latest URPD data for ETH | Source: @alicharts on X
The trend in the price of the coin over the last five days | Source: BTCUSDT on TradingView

Featured image from Dall-E, chart from TradingView.com

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