11.13 BTC might hit a new low again 1. Yesterday, the bullish structure of BTC's hourly-level rebound was broken, and the market might continue downward to hit a new low again. However, even if it does, the drop won't be significant. 2. On one hand, BTC has already dropped 21% from its peak; on the other hand, the 97700 zone is the 60-week moving average on the weekly chart, which is a very important and effective support line. At the very least, there should be a decent rebound.