Analyst warns Bitcoin should be down 40% after two weeks of chaos

TheStreet · Neo · 2026-11-06 14:30 UTC

A hack, a selloff and a midterm upset hit crypto in two weeks. One analyst says Bitcoin’s reaction tells a different story.

Crypto has had a brutal two weeks. A major exchange hack, a wave of forced selling, a global market rout and a midterm election that flipped Congress have all landed in quick succession.

Yet Bitcoin is still standing. One analyst argues that resilience says more than the losses do.

“In a bear market, any one of these events could have triggered a massive crash,” crypto analyst Ash Crypto wrote on X.

Read the full story at TheStreet · All coverage of this story