**[Analysis: $70,000-$80,000 is a Weak Zone for BTC Price, Consolidation May Extend]** Odaily Planet Daily reports that based on limited historical trading activity and on-chain supply data, BTC price may further consolidate or retest lower levels. Since last weekend's decline, Bitcoin's price has been confined to the $70,000 to $79,999 range for five consecutive days. Bitcoin has spent a total of approximately 35 days in this $10,000 price range, making it one of the shortest-duration zones, indicating that the price tends to pass through this area quickly rather than establishing sustained support or resistance. The price is more likely to consolidate in this range or move downward again before establishing a more solid foundation. In April last year, Bitcoin rebounded after staying below $80,000 for only a few weeks. Similarly, when it reached a high of nearly $73,000 in March 2024, it stayed at that level for a short time before starting to decline. A notable example occurred in November 2024, when the price rose from around $68,000 to $100,000 within weeks, with almost no consolidation in the $70,000 to $80,000 range. Bitcoin's largest corporate holder, MicroStrategy (MSTR), made only one purchase in this price range. On November 11, 2024, the company acquired 27,200 BTC for approximately $2 billion, with an average price of $74,463. Data shows a supply gap in the $70,000 to $80,000 range, indicating that this area remains structurally weak. (CoinDesk)