$BTC is going for a pullback: what does it mean?

After a rapid rise to $123,000, Bitcoin is showing a correction — the price has dropped below $119,000. This is an expected market reaction to the sharp increase: investors are taking profits, and short-term traders are looking for new entry levels.

📉 Reasons for the pullback:

Overheating of the market after rapid growth;

Increased pressure from major holders (whales);

Escalation of geopolitical or economic risks;

Rise of the fear index in the market.

📊 What’s next?

A correction is not a reason for panic. Many analysts believe that this is a temporary phenomenon, and Bitcoin has not yet said its last word. It is important to monitor key support zones: $115,000 and $112,000. If the price holds, a new upward surge is possible.

📌 Advice:

Do not give in to emotions. A pullback is part of a healthy market movement. For long-term investors — a possible point for portfolio replenishment.