Bitcoin price crashed down for a few months due to a number of factors. One of the biggest and prime factors was the sudden cut off of demand and supply of bitcoin due to the sudden hike in inflation, the highest in 40 years, due to the russia-ukraine war. However, now, as we look into the daly price charts, bitcoin has been steadily recovering. The price of bitcoin is around $21.7k, and crypto experts are hoping that BTC will soon be back in its normal range.
I think it is a good move that El-Salvador did not sell its BTC holding, it will prove to be profitable in the long run.