Over the weekend, Bitcoin saw little change in price, hovering around the $42,000 mark. Market volatility remained low, with the cryptocurrency trading within the narrow range of $40,400-$42,400.
Despite this, traders are optimistic about a potential increase in Bitcoin’s value. There is a possibility that the price could test the $43,000 level again in the near future.
Focusing on the past week, Bitcoin ended with a value of $41,182 per unit, interrupting its eight-week chart of green candles and experiencing a decrease of 2.7%.