- Five years of CME Bitcoin futures data show uneven time spent across price bands.
- Investing.com records only 28 trading days in the $70,000–$79,999 band and 49 days in $80,000–$89,999.
- Lower ranges, such as $30,000–$39,999 and $40,000–$49,999, saw roughly 200 trading days each, indicating stronger historical consolidation.
- Glassnode URPD data show a similar lack of supply concentration between $70,000 and $80,000.
Analysts examined the past five years of bitcoin futures trading on the CME to identify where price has historically consolidated and where support has formed. Data from Investing.com was used to count trading days spent inside specific $10,000 price bands. The goal was to measure how often sessions began in each range, which can indicate where positions were built.
The futures-day counts reveal wide differences across ranges. Bitcoin logged just 28 trading days in the $70,000–$79,999 band and 49 days in the $80,000–$89,999 band. By contrast, the $30,000–$39,999 and $40,000–$49,999 bands each saw nearly 200 trading days, showing those zones were more frequently tested and consolidated.
For most of December, bitcoin traded in the $80,000–$90,000 range after a pullback from October’s all-time high. In 2024, the market spent many days between $50,000 and $70,000, adding more historical depth to those bands than to the $70,000s and $80,000s.
Additional support for this pattern comes from Glassnode data. The UTXO Realized Price Distribution (URPD) is a measure that shows where current supply last moved, assigning each entity’s balance to its average acquisition price. Glassnode’s URPD indicates relatively little supply concentrated between $70,000 and $80,000, aligning with the futures-day findings.
This analysis is based on the daily Open price of Bitcoin CME futures, with weekends excluded, meaning the figures reflect how often bitcoin began a trading session within each price band rather than intraday or closing price activity.
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