Bitcoin’s price has begun a series of sideways moves as Bitcoin remains above $40K.
Since April 11, the selling pressure of Bitcoin has subsided as it fell to a low of $39,223.
Also, Bitcoin will resume an uptrend if price rebounds above the current support and breaks above the $41,500 high.
According to a report, a crypto-friendly area of El Zonte is a village located in El Salvador where residents and visitors have been able to use Bitcoin to pay for anything from utility bills.
There is another report on the creation of Bitcoin City, a project funded by BTC bonds and powered in part by geothermal energy from volcanoes.