Analysts Split on Whether Bitcoin Will Finish Year Above $126,198 All-Time High
Bitcoin briefly touched an all-time high of $126,198 on TradingView, then retraced roughly 18% to around $103,000 in the days that followed. The sharp reversal highlights ongoing volatility as price reacts to large flows, derivatives positioning and shifting investor sentiment. Volume and on-chain metrics show pockets of continued accumulation even as short-term traders booked gains.
Analysts are split on whether BTC can finish the year above that record. Bulls point to sustained institutional demand and resilient network fundamentals, while bears warn that macro uncertainty, liquidity pullbacks and options expiries could cap upside. For traders and long-term holders alike, the coming weeks will be about watching ETF inflows, funding rates and headline risk — factors that will likely determine whether the market re-tests or revises the November peak.