According to the data on the base price and market price of the @Glassnode page:
- When the price of#Bitcoinis trading below 31k4, the market enters a downtrend.
- When the price of#Bitcoinis trading from about: 31k4 to 51k6, it is in a difficult to determine phase, accumulating to increase or distributing to collapse.
- When the price is trading from 51k6 - 73k1, the market is still in an uptrend.
- When the price is above 73k1, it is a Fomo market.
=> The current price of#Bitcoinis 57k1, so it is still in an uptrend.