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BTC

Bitcoin Breaks Below $120.5K — Watch for Volatile Retest

I see Bitcoin has broken below $120,500 and is trading around $120,456.99.

The 24‑hour change is a modest 0.1% decline but volatility is elevated, so I’m prioritizing risk control.

I’m watching for confirmation at nearby support and would reduce exposure or tighten stops until a clear recovery appears.

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Analysis

The breach of $120.5K is small in size but follows heightened intraday swings; if BTC fails to reclaim this level quickly, sellers could push for a retest of lower support, increasing short-term downs...

Recommendation

Watch the price action closely — avoid adding longs now, tighten stops on existing positions, and wait for a decisive breakout above $120.5K or a confirmed hold of lower support before increasing expo...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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