CryptoQuant

Analysts split on whether Bitcoin will regain its record high after a 45% fall

Bitcoin◆ fell below $68,000 on November 13, more than 45% below its $126,080 all-time high. Analyst Z argues the record will not return, citing higher interest rates and competition for capital from AI firms and SpaceX◼, while Michaël van de Poppe and Merlijn The Trader see a possible bottom near current levels. CryptoQuant◼ data shows the drawdown of roughly 19% is larger than the 14.39% average bull-market correction.