Bitcoin (BTC) recently experienced a significant drop after reaching record highs in early March. Since then, it has entered a period of consolidation, leaving many market participants wondering if this is the top or if there will be another surge in the future. With the Bitcoin halving just around the corner, four market experts have shared their thoughts on the matter: professional trader Alessio Rastani, Cointelegraph analyst Marcel Pechman, YouTuber Scott Melker, and market analyst Michaël van de Poppe.
In the latest Cointelegraph video, each expert provides their analysis of the factors contributing to the recent correction and evaluates different scenarios for the future. While they may have differing opinions, the general consensus is that there will likely be a few months of consolidation before Bitcoin resumes its upward trend. Similar to previous cycles, the experts agree that the Bitcoin halving will not have a significant short-term impact on prices but will play a crucial role in the long run.
To gain a deeper understanding of where the Bitcoin market is heading in the coming weeks and months, watch the full interview on the Cointelegraph YouTube channel. Don’t forget to subscribe for more updates.