Ben Cowen warns Nasdaq slide could push Bitcoin to $58,000
Photo: The Currency Analytics
Community Trust Score Verified 96 % Real Verified 28 votes Updated 7 hours ago Crypto analyst Ben Cowen stated on November 5, 2026, that the Nasdaq Composite has erased all post-midterm gains and that a slide to its summer lows could drag Bitcoin ( BTC ) back to $58,000. The $58,000 level sits near Bitcoin’s June low, which Cowen identified as the weakest point of 2026. A retest of this price would effectively erase Bitcoin’s entire rebound from that summer trough.
Source: The Currency Analytics
