Bitcoin (BTC) recently experienced a significant drop in value after reaching record highs in early March. Now, as the Bitcoin halving approaches, many people are speculating whether this is the end of the upward trend or if there will be another surge in value, and if so, when it will happen.
To gain insights into these questions, Cointelegraph has gathered the opinions of four market experts: professional trader Alessio Rastani, Cointelegraph analyst Marcel Pechman, YouTuber Scott Melker, and market analyst Michaël van de Poppe.
Each expert provides their analysis of the reasons behind the recent correction and examines different scenarios. While they have differing perspectives, most of them agree that Bitcoin will likely go through a period of consolidation before resuming its upward movement. They also agree that, similar to past cycles, the Bitcoin halving will not have a major short-term impact on prices but will play a significant role in the long run.
To discover the future direction of the Bitcoin market in the coming weeks and months, make sure to watch the full interview on the Cointelegraph YouTube channel and subscribe for more updates.