BitQuant: Bitcoin’s drop toward $60,000 followed an early $126,000 top, not $145,000

BitQuant argued that Bitcoin’s retreat toward $60,000 was a necessary reset after an early local top above $126,000 in October 2025 failed to meet its $145,000 threshold. The firm said a Binance technical issue on October 10 coincided with a slide from about $120,000 to $105,000, but the broader decline reflected structural weaknesses rather than panic or manipulation.