Bitcoin on-chain activity isn’t giving signals that suggest a strong bull run is close.Bitcoin [BTC] has shown signs of recovery over the past day as the market pushed past the $70,000 mark, with sentiment pointing to renewed capital flowing into the market once again.However, on-chain activity does not align with the ongoing rebound and instead offers a different perspective on what is happening with the leading crypto asset.Adjusted on-chain volume, which tracks the cumulative buying and selli