Search results for Matthew Hyland
Crypto
Bitcoin could slide to $60,000 after breaking key support zone
Bitcoin has fallen below a key $75,000 to $76,000 support zone, prompting forecasts it could slip to $60,000. It traded around $75,800 at the time of writing, about 40% below its October 2025 record high of $126,000. Analyst Michaël van de Poppe cited the break but noted corrections on Fridays often reverse. Polymarket priced a 51% chance of $55,000 in 2026 and 31% for $45,000.
Crypto
Bitcoin rebound enters 90th day as $90,000 level comes into focus
Bitcoin has extended a rising trend for 90 days after falling below $60,000, marking the longest upswing within a bear-market phase in its price history. Trader and analyst Matthew Hyland said the move resembles a bull-market rally rather than a bear-market bounce, citing a break above $77,000 and holding gains. Analyst Philbphilb said a weekly Supertrend level near $90,000 is key, with about $88,000 a threshold to regain.
Crypto
Bitcoin holds $80,000 level, but Santiment warns crypto bullish sentiment is overheating
A warning has emerged that the recent cryptocurrency market rise may not last as bullish comments surge on crypto-related social media. Santiment, a crypto sentiment analytics platform, flagged the spread of optimism as a short-term risk signal. It put the bullish-to-bearish post ratio at about 1.5 to 1. Bitcoin has gained 11.50 percent over the past 30 days and traded at $80,628 at the time of writing.