To this day, some people still ask whether BTC will reach a new low, and whether August 5th is the lowest price...

I can only say that some people are not suitable for cryptocurrency trading...

BTC can only determine the trend of altcoins, but cannot determine the bottom of the cryptocurrency market. The bottom of the cryptocurrency market is determined by Binance's non-observation contract coins.

To put it bluntly, as long as the market value of Binance's non-observation contract coins falls to 200 million yuan, the cryptocurrency market has reached the general bottom, and if it falls to 150 million yuan, it is the absolute bottom.

For example, if combo does not observe and does not remove the contract, then even if BTC falls to 10,000 dollars, it will not fall below this year's 0.29