Bitcoin (BTC) recently experienced a significant drop after reaching record highs in early March. Now, as the Bitcoin halving approaches, many are speculating whether this is the end of the upward trend or if there is another surge on the horizon.
To shed light on these questions, four market experts – Alessio Rastani, Marcel Pechman, Scott Melker, and Michaël van de Poppe – share their insights in the latest Cointelegraph video. Each expert analyzes the reasons behind the recent correction and presents different scenarios. While their perspectives may differ, most of them agree that Bitcoin is likely to enter a period of consolidation before resuming its upward trajectory. They also believe that, similar to previous cycles, the Bitcoin halving will not have an immediate impact on prices but will have a significant effect in the long term.
To get a comprehensive understanding of where the Bitcoin market is headed in the coming weeks and months, watch the complete interview on the Cointelegraph YouTube channel. Don’t forget to subscribe to stay updated on the latest developments.