LogoBlack
ENarrow-down
  • JP
  • EN
Crypto

What is Bitcoin's Next Support Zone? CryptoQuant Analysis

2026/02/05 12:42 (Updated 2026/02/05 13:01)
CoinPost
Written by A.Yamada
SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
What is Bitcoin's Next Support Zone? CryptoQuant Analysis

Bitcoin Breaks Below Support Line

On-chain analysis firm CryptoQuant released its weekly market report on the 4th, indicating that Bitcoin (BTC) has breached a key support line and may now be targeting the range between $70,000 and $60,000.

Bitcoin has been rejected three times at its on-chain realized price, which serves as a major on-chain support and resistance zone. It has recently fallen below the lower band that had been acting as support during the bullish market.

It is suggested that Bitcoin may be targeting the next major support zone between $70,000 and $60,000...

SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
Side Banner
Side Banner
MAGAZINE
Iolite Vol.20

Iolite Vol.20

July 2026 issueReleased on 2026/05/29

Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.

MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.