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 profits. In 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 6. Bitcoin price analysis chart. Source: TradingView The signal, marked by a “9” count, suggests profit-taking may be accelerating after Bitcoin’s sharp move past $125,000 source: https://finbold.com/bitcoin-now-under-threat-of-crashing-below-120k-as-investors-cash-out/