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. 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.