Bitcoin now under threat of crashing below $120k as investors cash out

With Bitcoin ( BTC ) retreating from its weekend record high of $125,000, the asset faces the threat of further losses as traders take ￰0￱ this line, the TD Sequential indicator has flashed a sell signal on Bitcoin’s 12-hour chart, a pattern that often precedes short-term corrections, according to insights shared by analyst Ali Martinez in an X post on October ￰1￱ price analysis chart.), which have played a major role in driving the asset’s recent all-time ￰2￱ price analysis As of press time, Bitcoin was trading at $123,881, up 0.4% in the past 24 hours and more than 10% higher on the ￰3￱ seven-day price chart.