It is clear IMO why BTC is due for a pullback... BTC has reached the 200ma now acting as a resistance, there will be profit taking now as well, so it is very likely that we will be going for a pull back now... perhaps to bounce in the 50ma which could act as a support? My speculation here is that we can go as deep as a 61.8% retrancement IMO. Other indicators showing an eminent pull back -Stoch RSI over sold -Volume going down -Volume profile is showing low buyers interest area, usually an area of bounce
That is my speculation on it, take it for what is worth.