Bitcoin Makes Another Attempt At $28,000, Can Break Happen?

Bitcoin is currently trying to have another go at the $28,000 level. Here’s what on-chain data says regarding whether a retest can be successful.
Bitcoin On-Chain Signals Are Not All Positive Right Now
In a new post on X, the on-chain analytics firm Santiment has looked into a couple of on-chain indicators that may provide some hints about whether BTC can sustain any bullish momentum currently or not.
The first metric of relevance is the “supply on exchanges,” which keeps track