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Image by Fareed Mindalano / Playground AI 
After experiencing a notable 4.49% uptick yesterday, Bitcoin (BTC) is currently retracing and trading at $27,665, down 1.48% in the past day.
According to crypto analytics firm Glassnode’s recent report, however, on-chain data shows Bitcoin could break $28,000 soon.
In the past 24 hours, Bitcoin reached $28,462.73 but volatility has prevented it from staying above $28,000....
Read More: Which Crypto Will Give 1000% Gains in 2023?
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