Analyst Predicts BTC Could Break $90,000 by Early November

According to Cryptopotato, cryptocurrency analyst Matthew Hyland predicts that Bitcoin's price will exceed $90,000 by early November. He recently posted on X, stating that Bitcoin's recent decline resembles a daily cycle low and that bullish divergence is already visible on the daily chart.

In contrast, on-chain and chart-based analyst Ted Pillows forecasts a potential drop, noting that Bitcoin has fallen below its 50-week exponential moving average (EMA) and could retreat to the $70,000-$72,000 range before rebounding. Another analyst, Crypto Patel, maintains his bearish outlook, stating that BTC must close above $83,000 on the daily chart to avoid a potential drop to $50,000.

As of CoinMarketCap data, BTC is trading at $75,662, down 0.04%.