Analyst Predicts Bitcoin Could Surpass $90,000 by November
Trader Matthew Hyland suggests Bitcoin is at a daily cycle low with a bullish divergence, projecting a price above $90,000 by early November. Despite bearish sentiment and recent declines following the failure of the CLARITY Act (US digital-asset market-structure bill), Hyland views the current price action as a liquidity grab. Other analysts remain divided, with some expecting a drop to the $70,000–$72,000 range or even $50,000, while CryptoQuant contributor IT Tech notes that the 6- to 12-month supply band pattern aligns with historical market bottoms.
Summaries are written by AI from the original article. Not investment advice.