After reaching record highs in early March, Bitcoin (BTC) experienced a significant decline before entering a phase of stability. As the Bitcoin halving approaches, many investors are questioning whether the market has peaked or if there is potential for further growth, and if so, when this upward movement may occur.
To address these inquiries, the latest Cointelegraph video features insights from 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 factors contributing to the recent correction and also assesses various scenarios. Although they hold differing perspectives, most of them anticipate a period of stability lasting several months before Bitcoin resumes its upward trajectory. Similar to previous cycles, the experts concur that the Bitcoin halving will not have a significant short-term impact on prices, but will play a crucial role in the long-term.
For a comprehensive understanding of the future direction of the Bitcoin market in the coming weeks and months, be sure to watch the full interview on the Cointelegraph YouTube channel. Don’t forget to subscribe to stay updated.