Bitcoin has experienced a 35% retracement from its all-time high of $126,000 in early October, now trading at $82,000 as of November 21, 2025. This decline is notably less severe than previous major pullbacks, such as the 78% drop in 2021 and the 84% decline in 2017. Historical data from Charlie Bilello highlights that Bitcoin has often rebounded significantly after such pullbacks, with past recoveries reaching up to 1504%. The current retracement is considered within the typical range of Bitcoin's historical price fluctuations.