Yes!!
To add more details to it -
As per CoinPedia Price prediction Novemeber 2021 -
September 7th 2021 was a historic day for Bitcoin, as it became a legal tender in El-Salvador, which pushed the price to $53k. The price of Bitcoin took a move to a New ATH of $69,045 on the 11th of November.

and look at today's bearish market. Bitcoin attempted to begin with a recovery phase last week, but this black friday BTC crypto price has dropped by around 2% diving the prices lower close to $16,400 at the moment which may be extended below $16,000 very soon.