<ul data-eligibleForWebStory="false"><li>Bitcoin price hit a new all-time high at $121,400 and is now consolidating with support holding at $117,000.</li><li>Analysts suggest the possibility of a short-term correction for Bitcoin, with potential deeper correction to $109,000-$110,000 levels.</li><li>Formation of an ascending trendline indicates the price could retest $111,000-$113,000 levels before moving up again.</li><li>Despite correction risks, bullish prospects remain with targets set at $120,000-$125,000 as long as the price stays above $110,000 support.</li></ul>

Bitcoin Price Crash Possible As Correction Sentiment Takes Hold — $110,000 Next?

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