Is Bitcoin Rise Above $20k Sustainable? Here’s What On-Chain Data Says

Bitcoin is now back above the $20k mark after observing some sharp uptrend over the past day, but is this pump sustainable? Here’s what on-chain data has to say about it.
Bitcoin All Exchanges Netflows Remain Muted Following The Price Rise
As explained by an analyst in a CryptoQuant post, the BTC exchange netflows can help us know whether this short-term uptrend is sustainable or not.
The “all exchanges netflow” is an indicator that measures the net amount of Bitcoin entering o