Bitcoin has had a rough few weeks. One of crypto’s louder voices on X says that’s exactly the opening. Ash Crypto, a well-known crypto commentator on social media platform X, says: “Bitcoin i
Bitcoin has had a rough few weeks. One of crypto’s louder voices on X says that’s exactly the opening.
Ash Crypto, a well-known crypto commentator on social media platform X, says:
“Bitcoin is going to $200,000.”
The analyst calls the sell-off around the Nov. 3 midterm elections "the best opportunity to buy BTC before the next parabolic move." A parabolic move is a sharp, near-vertical price climb.
Bitcoin traded near $73,300 on Nov. 10 at the time of writing.
Bitcoin price at press time. Source: DecibelRelated: Binance’s bStocks leads $4.8B tokenized stock market with 31% share
His case rests on the last two midterm years.
In 2018, Bitcoin fell from $17,172.30 on Jan. 6 to $3,232.51 on Dec. 15, about six weeks after the Nov. 6 vote, according to price data from Bitbo.
Ash Crypto’s chart marks a 50% drop around that election.
"In 2018, it did not matter if you bought Bitcoin at $6,000 or $3,200. It hit $69,000 in the next three years," the analyst said.
In other words, even a buyer who missed the bottom by nearly $3,000 would have seen Bitcoin rise more than tenfold by his numbers.
2022 followed a similar script.
Bitcoin opened the year at $47,737.35 and bottomed at $15,760.19 on Nov. 21, less than two weeks after the Nov. 8 midterms.
His chart shows a 27% drop around that vote. The analyst says Bitcoin climbed to $126,000 within three years.
That’s six times the $21,000 entry he mentions.
Ash Crypto’s chart lines up all three midterm years side by side.
For 2026, it shows a 30% slide earlier in the year, a rebound, and then a 16% drop around the Nov. 3 vote.
He labels that last stretch an opportunity.
He applies the same logic to today’s market:
"Buying BTC at $75,000 or $65,000 will not make a difference when it hits $200,000."
From $73,300, Bitcoin would need to gain about 173% to reach $200,000. That’s a smaller multiple than either past cycle he cites.
The argument rests on two data points, each with its own backdrop.
The analyst's numbers describe what happened after past midterms, not what must happen next. Bitcoin’s history includes deep drops as well as big rebounds.
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