According to CoinMeta, the price of Bitcoin fell from near $80,000 to the range of $73,000 to $74,000, with analysts warning of a potential further decline to $65,000. A weekly clearing heat map displayed by CoinMeta shows that Bitcoin was below its early trading range for most of this period, and successive rebounds failed to regain the ground lost during the initial sell-off. The latest data indicates that Bitcoin's trading price on November 11 was close to $73,500. Analyst Tranquility Crypto pointed out that Bitcoin has been trading within a downward channel since September, and after repeatedly encountering resistance at the upper boundary, it has now fallen to the lower boundary. Analysts say that if Bitcoin fails to regain the lost ground, it will face further downside risks.