Bitcoin’s price has been trading between a high of around $51,600 to a low of around $46,000 in the last week. On-chain data has also been showing a “general lack of activity” since entering 2022. Despite this, the Bitcoin market has some bullish undertones in its supply dynamics according to the latest edition of Glassnode’s The post New On-chain data reveals Bitcoin is well positioned for a bullish takeoff appeared first on CoinGape.