Bitcoin price dip fails to squeeze leverage as $92.5K becomes ‘pivotal’

BTC price retracement expectations hinge on bulls protecting new local lows as Bitcoin traders stick to high-leverage bets.

Bitcoin (BTC) edged off multiday lows on Nov. 26 after a brutal day liquidated over $500 million of crypto longs.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed $92,600 forming a local BTC price bottom on Bitstamp.

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