Bitcoin has been on a rollercoaster, dipping to $92,600 after a sharp $5,000 drop on November 25. This move wiped out over $500 million in crypto long positions. Analysts are eyeing the $92,500 zone as crucial; losing this level could trigger further sell-offs. Despite recent liquidations, leverage in the market remains high, suggesting traders are still keen on risk. Some experts believe if Bitcoin can hold steady, it might make another push towards $100,000. However, caution is advised as the market remains volatile. Always do your own research before making investment decisions.
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BTC
91.644
-6.59%
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