The market remains uncertain about bullish or bearish conditions govern, as on-chain activity and value settlement falls dramatically
Last week, the glassnodeonchain statistics indicated that the market was ambivalent about the trend. So sitting& watching is still a good choice.
However,information from El Salvador has made price trend up over past 24h🤗
See more about this analysis here
The Bitcoin market has seen a relatively quiet week, both in price action, and in demand for on-chain transactions and value settlement. Prices have traded within a narrow range between a high of $39,242, and down to a weekly low of $34,942.