Matthew Hyland
@MatthewHyland_
A
79.4 / 100
Last researched 20 Jul 2026, 04:31 UTC
Matthew Hyland is a prominent cryptocurrency technical analyst who demonstrates notable skill in identifying short-to-medium term momentum reversals, local trend changes, and volatility expansions. However, his track record is marked by a structural bullish bias that leads to over-optimistic cycle peak targets and premature predictions of altcoin outperformance. Overall, his analytical style is highly effective for identifying trend breakouts and consolidations but less reliable for long-term price targets.
Calls found
30
Resolved calls
29
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Calls (30)
Predicted that Bitcoin could reach $100,000 during 2022, citing exchange supply outflows and altcoin demand. Concurrently, he warned that a weekly dip below $40,000 would cause a 'free fall' bear market.
Completely incorrect on the optimistic $100k peak target as BTC topped near $48,000. However, his conditional warning that losing $40,000 would trigger a catastrophic free fall was highly accurate.
Reddit r/CryptoCurrency/Forbes (Feb/March 2022)
As Bitcoin broke its previous 2022 lows, Hyland posted a short-term downside target: '28.8k incoming.'
Bitcoin plunged directly through $30,000 within days of the post, hitting local lows of $25,400 in May.
Cointelegraph (May 9, 2022) β "Bitcoin sets new 2022 lows"
Following the FTX collapse, as Solana dipped below $10, Hyland declared: 'Solana is in no man's land. Dropping below $10 overnight.' He characterized the higher-time-frame chart as structurally broken and highly bearish.
Although correct on the immediate drop below $10, calling it 'no man's land' at the absolute cycle bottom of ~$8.00 right before an explosive bull run was a significant miss.
Finbold (Dec 28, 2022) β "Solana in 'no mans land' as SOL price crashes to $10"
Highlighted that BTC had been consolidating beneath a major resistance block (~$30k range) for over two years. He predicted that reclaiming this level would be a major macro 'game-changer.'
Bitcoin reclaimed the $30k level in April/July 2023, setting the stage for the massive run up to $73k in early 2024.
The News Minute (Apr 3, 2023) β "Bitcoin Eyes $35,000, Faces Strong Resistance..."
Highlighted that the Bitcoin Weekly Bollinger Bands had squeezed to their tightest level since October 2016. He called for an imminent, explosive volatility expansion.
After a brief fake-out dump to $25k, Bitcoin launched into an aggressive upward expansion in October 2023, surging from $27,000 to $73,000.
Bitcoin Archive (July 24, 2023) β "Bitcoin Set for Explosive Move"
As Bitcoin reclaimed $30,800, Hyland announced that 'All the signs for this Bitcoin rally were there,' predicting immediate continuation.
Bitcoin did not retest the low $30k range, expanding straight to $35,000 in days and hitting $44,000 by December 2023.
Cryptonews.net (Oct 23, 2023) β "Crypto traders urge caution as Bitcoin price hits 3-month high"
Identified a double-bottom reversal on the daily chart and set a technical breakout target of $46.3k for Bitcoin.
Bitcoin broke out and hit a local peak of $48,900 in early January 2024.
Cointribune (Dec 21, 2023) β "Bitcoin at $48,000? Queen of Cryptos Resumes Ascent"
Argued that Bitcoin would destroy the 'Diminishing Returns' narrative and predicted Bitcoin would reach $240,000 to break it.
Bitcoin peaked at $126,100 in October 2025, failing to come close to $240,000 and validating the diminishing returns narrative.
CryptoRank (Mar 8, 2024) β "Bitcoin to $240,000: Analyst Cites Key Narrative"
Ahead of the SEC's spot Ethereum ETF decision, Hyland asserted: 'PEPE is probably the best memecoin play for the ETH ETF.'
PEPE immediately led the market rally, exploding over 27% to a new all-time high of $0.0000172 by late May.
FXStreet (May 22, 2024) β "PEPE reaches new high amid ETH price jump"
Noted that Ethereum (ETH) had confirmed a weekly bullish divergence and broken its macro downtrend, signaling a sustained post-ETF pump.
ETH rallied to $3,970 in late May/early June but failed to sustain its momentum or reclaim $4,000, beginning a multi-month decline.
CoinDCX (May 27, 2024) β "Ethereum Price Surges 5% After ETF Approval"
As Bitcoin crashed to $54,000 due to Mt. Gox distribution panic, Hyland urged calm, showing that the weekly 'Supertrend' support sat firmly at $52,000.
Bitcoin bottomed locally in the $53k range in July. Although it suffered a brief flash crash to $49k in August, the weekly candle bodies strictly closed above $52k, validating his floor.
CryptoPotato (July 5, 2024) β "Bitcoin Δ°Γ§in SΔ±rada Ne Var?"
Pointed out that the weekly Bollinger Bands had squeezed to their tightest point in 12 months. He predicted an 'explosive move' was almost imminent and would resolve 'within a month.'
Within exactly 5 days, Bitcoin experienced a massive downward volatility spike (Yen carry trade liquidation) before immediately rebounding, confirming a volatility explosion.
Bitget News (July 31, 2024) β "Bitcoin 'explosive move' looms as Bollinger Bands reach tightest points"
Predicted that August would see no price appreciation for Bitcoin, but expected a major rally to form a few months later ahead of the US Presidential Election.
Bitcoin chopped sideways in August and began a historic pre-election rally in September/October, climbing from ~$53k to over $73k.
Binance Square / CryptoATY (Aug 17, 2024) β "Crypto analyst Matthew Hyland suggested Bitcoin could rise"
Stated that Ethereum required a confirmed weekly close above $2,800 to validate a breakout and open the path toward $3,500.
Conditional statement proved correct. Ethereum failed to break and close above $2,800, continuing to chop lower, avoiding a false breakout trap.
CryptoDnes (Aug 24, 2024) β "Ethereum Eyes Potential Rally if Price Breaks $2,800"
As Bitcoin approached $69,000, Hyland warned that the market was vulnerable to 'herd mentality.' He noted Google search volumes were low, warning of heavy short-term fluctuations before a true bull phase.
Bitcoin experienced significant choppy consolidations around the high $60ks for another month before finally beginning a vertical run.
Binance Square (Oct 19, 2024) β "Traders' Perspective: Market Sentiment"
As Bitcoin crossed $100,000 for the first time, Hyland declared that the $114,000 price target was 'loading' and called it a '3-to-5 month window' to maximize profits.
Bitcoin expanded past $100,000 and hit Hyland's target of $114,000 in early 2025.
Cointelegraph (Dec 5, 2024) β "Bitcoin is 'memetic' and won't stay down around $100k"
Noted that Bitcoin's 3-day Bollinger Bands were at their tightest since January 2024, warning of an incoming breakout from the $100k consolidation zone.
The squeeze resolved in a major upward expansion, driving Bitcoin to fresh cycle highs in early 2025.
Bitbo (Jan 15, 2025) β "Bitcoin Nears $100K as Inflation Eases"
Following Trump's tariff announcements and a rise in Bitcoin dominance, Hyland predicted that altcoins would remain suppressed in the short term, stating April 2025 was the earliest recovery window.
Altcoins lagged severely throughout early 2025 as Bitcoin dominance remained persistently high.
Analyst Predicts Altcoin Rally delayed to April
Stated that Bitcoin needed to secure a weekly close above $89,000 to confirm its local bottom was in, otherwise warning of a drop to $74,000-$69,000.
Bitcoin failed to reclaim $89k and consolidated in the low $80ks. While it failed the level, it managed to preserve structure without crashing to his deep downside target.
Cointelegraph (Mar 12, 2025) β "Bitcoin must secure weekly close above $89k"
Identified a significant bearish divergence forming between Bitcoin's price ($105k) and the weekly RSI, warning of a correction.
Bitcoin faced intense selling pressure and corrected back down to the mid-$90k level in the following weeks.
TradingView (June 1, 2025) β "Bitcoin traders target $100k and under"
Pointed to a split in market sentiment and forecast an impending 10% swing in either direction ($94k or $114k).
Bitcoin broke upward, experiencing heavy volatility before touching $112,000 in July.
Bitget News (June 19, 2025) β "Bitcoin Price to $94k or $110k Next"
Declared that 'BTC confirms daily higher-high and confirms an end to the downtrend... Bulls are in control' as Bitcoin broke out to hit a new all-time high of $112,000.
Bitcoin maintained its bullish structure and entered its final blow-off phase, peaking above $126,100 in October 2025.
Bitget News (July 9, 2025) β "See you at $150k says Bitcoin bull"
Claimed there was a '99% chance' Bitcoin dominance had reached its cycle peak, assuming Ethereum's momentum against BTC would hold.
Bitcoin dominance did not peak. It continued to rise into 2026, peaking near 60.5% as altcoins weakened.
FXLeaders (July 16, 2025) β "Ether's 19.8% Surge Signals 99% Chance BTC Dominance Peaked"
Following a flash crash from peak levels, Hyland noted that Bitcoin's major liquidity zones below the price had been cleanly swept, leaving the path of least resistance to the upside.
Bitcoin recovered rapidly and surged to its ultimate cycle high of ~$126,100 shortly after.
Sahm Stock Trading (Oct 16, 2025) β "Bitcoin at $108,000 while Dogecoin, ETH, XRP extend losses"
Claimed the ETH/BTC weekly chart was approaching a 'bullish ribbon flip' for the first time since mid-2020, forecasting an extended period of ETH outperforming Bitcoin.
The entire market entered a bear phase and the ETH/BTC ratio completely broke down to a multi-year low of 0.026 by mid-2026.
Santiment / Bitget (Nov 30, 2025) β "Ether Could Jump 7% as Low Stablecoin Yields Signal More Upside"
Pointed to an ascending triangle forming on Bitcoin's weekly chart with hidden bullish divergence, setting an upward target of $113,200.
The ascending triangle pattern broke down to the downside, with Bitcoin crashing into a deep correction to bottom at $60,000.
The Coin Republic (Jan 17, 2026) β "Bitcoin Price Setup Flashes Breakout Signal"
Argued that the macro risk environment was concluding its bear phase and would transition into a powerful 2-to-3 year crypto expansion within 8 months (by November 2026).
The macro conditions are actively shifting in favor of risk assets as of mid-July 2026, with Bitcoin recovering from $60,000 to ~$77,000.
BingX / CryptoRank (Mar 4, 2026) β "Analyst Matthew Hyland Projects 2β3 Year Crypto Expansion"
Noted that despite Bitcoin rising 13% from $68,000 to $77,000, market sentiment remained in 'disbelief'. He argued that persistent calls for lower prices during a rally indicated the bottom was already in.
Bitcoin held its ground, trending up to $82,499 in May and preserving its $77,000 support floor through July.
CoinMarketCap / Cointelegraph (Apr 26, 2026) β "Bitcoin may be in disbelief rally"
Defended his thesis that the $60,000 low in February was the absolute cycle bottom based on synchronized on-chain bottom signals, rejecting bear-market calls for a drop to $57,000.
Bitcoin maintained its uptrend, trading well above $60,000 through June and July 2026.
TradingView (May 8, 2026) β "Analyst says Bitcoin's $60K bottom signals weaken bear-market forecast"
Pointed out that Bitcoin had been trending up for 90 days since the February bottom. Noted that a 90-day continuous uptrend had never occurred in a bear market in BTC history, confirming a bull market rally.
Bitcoin successfully reclaimed and consolidated above its high-timeframe resistance at $77,000.
Cointelegraph (May 22, 2026) β "Bitcoin price record 90-day uptrend 'resembles bull market rally'"
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