Bitcoin drops under $120K as bearish data sparks 10% BTC price dip warning
Bitcoin risked losing $120,000 support as repeat retests caused traders to see much lower BTC price targets coming in the near future.
Key points:
Bitcoin risks new October lows as sellers regain control and BTC price discovery gets put on hold.
Targets include the local range lows at around $108,000 amid bearish divergences.