Analysts split on BTC path, with one seeing $90K by early November

Bitcoin could climb above $90,000 by early November, cryptocurrency analyst Matthew Hyland said, according to CryptoPotato. Citing a recent post on X, Hyland said Bitcoin’s latest pullback resembles price action typically seen at a daily cycle low, while a bullish divergence has already appeared on the daily chart. By contrast, on-chain and chart analyst Ted Pillows pointed to downside risk. Ted Pillows said Bitcoin recently fell below its 50-week exponential moving average and could slide to the $70,000-$72,000 range before rebounding. Another analyst, Crypto Patel, said a previously stated bearish view remains in place, with BTC potentially falling to $50,000 unless it posts a daily close above $83,000. According to CoinMarketCap, BTC was trading at $75,662, down 0.04%.