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Bitcoin's price may reach an all-time high in Q1 2026 if Bitwise CEO Hunter Horsley's thesis holds true. Horsley predicts a pattern of sharp drawdowns followed by bull runs and new highs, citing the Q1 2025 drop and subsequent recoveries in Q2 and Q3. Analysts like Fundstrat's Tom Lee and Julien Bittel also anticipate a recovery, with Bitcoin's oversold signals and RSI below 30 supporting their predictions.

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