Matthew Hyland Says Macro Shift Could Extend Crypto Bull Market by 2-3 Years

Cryptocurrency analyst Matthew Hyland said shifts in the macroeconomic environment could keep the digital-asset market in a bull cycle for the next two to three years.

CryptoPotato reported on July 7 that Hyland views 2014-2016, 2018-2020 and 2022-2026 as bear-market periods for macro risk assets. He added that major rallies in the cryptocurrency market followed the end of similar phases in the past.

Hyland also said Bitcoin dominance has formed a death cross for the first time since 2016 and 2020. He expects altcoin dominance to post a golden cross this fall, a pattern he said is similar to the early stages of past bull markets.