Analyst Says This Setup Could Send Bitcoin Above $90K by November

Trader Matthew Hyland says Bitcoin is sitting at a daily cycle low with a bullish divergence forming on the charts, and he’s calling for prices above $90,000 by early November.

He’s making that call even as BTC trades near $76,000, down sharply since the Senate failed to advance the CLARITY Act, and while most of the market’s loudest voices are still leaning bearish.

One Analyst Sees a Bottom, Bears See a Trap Hyland posted on X that bears were getting excited right at what he considers a daily cycle low, with a bullish divergence setup forming underneath the price action. “See ya at $90k+ by early November,” he wrote.

Swing trader Roman replied, “Yeah, part of me really thinks this was a low,” with Hyland acknowledging that the RSI could fall further, although he pointed to liquidity around $75,000.