<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NTZhZmYtYThmNS03MzY1LWE1MmEtYjQwZDE2OWVhMGRl.jpg" alt="Bitcoin traders cut risk over macro worries, but BTC market structure targets $120K"></p><p>A cooling phase for Bitcoin under $113,000 could be laying the groundwork for a breakout toward $120,000.</p>