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Matthew Hyland: Bitcoin may have bottomed at $60,000

Matthew Hyland: Bitcoin may have bottomed at $60,000

AiCoinAiCoin2026/05/09 00:38
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According to Cointelegraph, analyst Matthew Hyland stated that Bitcoin may have bottomed out at around $60,000 in the first quarter of 2026, and he believes it is unlikely for the price to go lower later this year. He pointed out that dozens of bottom signals appeared simultaneously at the $60,000 level, and these signals do not typically emerge in the middle of a bull market. Hyland believes the current market is not in the middle of a bear market. Previously, Peter Brandt and Willy Woo expressed different views on this perspective.
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