According to COINOTAG, crypto analyst Ben Cowen warned today (November 6) that Bitcoin could fall to approximately $58,000 if the Nasdaq Composite retreats to its summer lows. The $58,000 level aligns with Bitcoin's June 2026 low—the weakest point of the year. Cowen's warning comes as the Nasdaq has erased all gains recorded since the midterm elections. Meanwhile, analyst Mike Wilson has taken a contrarian stance, viewing the market dip as a buying opportunity.

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