BTCUSD is experiencing a pullback. It would not be smart to buy Bitcoin / U.S. dollarBITSTAMP:BTCUSDKevin-analysisSince the Singapore Crypto Summit, BTC has risen above $120,000. (You can refer to my October 1st post, which explicitly predicted BTC would reach $120,000.) Buy orders have already taken profits, and the 4-hour chart shows a correction and pullback. If the price fails to break through 121,000, the next targets are 118,000 and 116,000. After that, a new round of gains will begin, targeting 123,000.