BTC Hits $70K and Profit-Taking Kicks In — On-Chain Data Flags Local Exhaustion!

Realized Profit per hour spiked above $20 million as Bitcoin probed the $70K region, an on-chain signal consistent with local exhaustion at this price level. The pattern has repeated reliably since February 2026: every approach to the $70K–$80K band runs into thin liquidity and profit-taking pressure that caps the bounce.

The data suggests the $70K–$80K zone has become a structural ceiling rather than a transitional range. Until liquidity deepens in that band, each rally into it is likely to face the same headwind — holders who bought lower using the move as an exit, not an entry.