Independent market analyst Matthew Hyland has recently reaffirmed his prediction of a decline in Bitcoin’s price, projecting it to fall below the $38,000 mark. In a post dated July 8, Hyland provided evidence to support his bearish outlook, pointing to Bitcoin’s breakdown within the multi-month consolidation range on the weekly chart. He also emphasized the slim chances of the cryptocurrency rebounding and reclaiming its previous range. Stay updated with the latest technology news by accessing NEWSLINKER.