Bitcoin 'air pocket' above $72,000 could mean quick run to $80,000

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin 'air pocket' above $72,000 could mean quick run to $80,000 Data shows an extraordinarily thin supply between $72,000 and $80,000, suggesting there's little resistance in that range. By James Van Straten | Edited by Stephen Alpher Mar 4, 2026, 2:58 p.m. Make us preferred on Google URPD (Glassnode) What to know : Glassnode data shows roughly just 1% of bitcoin’s circulating supply sits between $72,000 and $80,000, creating a low resistance zone often referred to as an “air pocket.” CoinDesk Research notes more than 400,000 BTC were accumulated between $60,000 and $70,000 during the recent pullback, potentially strengthening support below current levels. Bitcoin’s “air pocket” is once again coming into focus as the largest cryptocurrency by market capitalization rose on Wednesday to just below $72,000. The air pocket refers to a thin area of supply between $72,000 and $80,000, where relatively few coins last changed hands, according to data from Glassnode . Roughly just 1% of the circulating bitcoin supply sits within this range. Because so few holders established positions there, the market may encounter limited resistance if prices begin moving through the zone. In practical terms, that means if bitcoin pushes decisively above $72,000, the move toward $80,000 could occur relatively quickly. Historically, bitcoin has spent very little time trading in $72,000 to $80,000 region. One instance came in November 2024, when prices surged rapidly after Donald Trump’s U.S. presidential election victory, quickly moving through the range without forming much trading volume. A second example occurred earlier this year, when bitcoin fell from around $80,000 to $70,000 at the end of January, before sliding further to roughly $60,000 by Feb. 6, a decline that unfolded over just a few days. The supply dynamics are visible through Glassnode’s Realized Price Distribution (URPD) metric. URPD shows the price levels at which the current set of unspent transaction outputs were last moved, effectively mapping where existing bitcoin holders acquired their coins. CoinDesk Research notes that during bitcoin’s recent consolidation between $60,000 and $70,000, more than 400,000 BTC were accumulated, showing strong support below current levels. Bitcoin News Glassnode More For You Pudgy Penguins: Challenging the Pokemon and Disney Legacy in the Global IP Race By CoinDesk Research Feb 27, 2026 Commissioned by Pudgy Penguins CoinDesk Research looks into how Pudgy Penguins disrupts traditional toys market via a phygital model. With 2M+ units sold, they scale via global partnerships and events. What to know : Disrupting a Stagnant Market : Pudgy Penguins is utilizing a "Negative CAC" model to challenge the traditional $31.7B licensed toy industry by treating physical merchandise as a profitable user acquisition tool rather than just a final product. View Full Report More For You Market infrastructure firms warn tokenized securities face higher costs, split liquidity without interoperability By Helene Braun , AI Boost | Edited by Nikhilesh De 1 hour ago The DTCC, Euroclear and Clearstream argue that the principle of “same asset, same rights, same outcome” must apply across both distributed ledger technology networks and traditional finance systems. What to know : The DTCC, Euroclear and Clearstream warn that tokenized securities will not scale without robust interoperability between blockchains and traditional market infrastructure. They published a white paper on Wednesday which argues that a "network-of-networks" model, rather than a single dominant ledger, will require common standards, gateways and regulated service providers to preserve asset integrity, ownership rights and legal compliance across platforms. The authors urge regulators and market participants to coordinate on governance, standards and resilience so tokenization can deliver promised benefits like faster settlement and more efficient collateral use without fragmenting liquidity or raising operational risk. 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