Bitcoin bounces off 21-month low, but leverage data signals caution: Was $57K the bottom?

https://s3-images.ctmedia.io/media/article-covers/article-covers-213733-bitcoin-bear-market-in-october-with-50k-bottom-target-analysis.jpg" />

Bitcoin found its footing after bulls took steps to reclaim the $60,000 level, but data casts doubt on whether it will flip back to support.