Bitcoin has set a new all-time high at 67k!! So what now?? Most people will think it's heading to the sky now, right? Those people will probably be right but as technical traders who understand structure then we know that there's something the market usually does before it makes that move! That thing I'm talking about is retracement! 90% of the time a market breaks a structure levels it retraces to the nearest previous structure level and in this case, the nearest previous structure level is located at 52k so if you are thinking of buying BTC then you might want to pause and let the market settle down first and look to buy at the mentioned previous structure level!
