Independent market analyst Matthew Hyland has recently predicted a decline in the price of Bitcoin, with a target below $38,000. In a post on July 8, Hyland substantiated this bearish trend by illustrating Bitcoin’s decline within the multi-month consolidation range on the weekly chart. Moreover, he emphasized that the chances of the cryptocurrency rebounding back into that range are quite low. Stay up-to-date with the latest technology news by visiting NEWSLINKER.
