Matthew Hyland: Bitcoin may have hit bottom at $60000

AiCoin|May 09, 2026 00:37
According to Cointelegraph, analyst Matthew Hyland stated that Bitcoin may have bottomed out when it hits around $60000 in the first quarter of 2026 and believes that the price is unlikely to drop lower later this year. He pointed out that dozens of bottom signals appear synchronously at $60000, and these signals do not appear in the middle of the bull market. Hyland believes that the current market is not in the middle of a bear market. Previously, Peter Brandt and Willy Woo held different views on this matter.