The digital money world had a wild ride this week. With lots of global uncertainty, prices swung a lot, causing many to wonder if Bitcoin could protect against chaos. But some Bitcoin owners stayed cool.

Bitcoin is starting to be saved up again, with more people taking their Bitcoin out of trading places than since January 2023. This suggests that more people are getting interested in Bitcoin again, especially after prices dropped 10% last week. And this could mean prices might go up soon.

People are getting ready for the big halving event on April 20. Some experts think the increase in people taking out their Bitcoin is because they want to make the most of the halving event and maybe make some money.

There's less interest in risky trading lately, which could help keep the market more stable. And when a certain indicator (STH SOPR) hits a certain level, it usually means it's a good time to buy Bitcoin because prices might go up.

After Bitcoin and Ethereum prices dropped over the weekend, people were feeling pretty negative. But now, even though many were worried, prices are starting to go up again.

Experts think this might keep happening until everyone starts talking about the halving event again, like they were a week or two ago.