Bitcoin (BTC) recently experienced a significant drop after reaching record highs in early March. Now, with the Bitcoin halving just weeks away, many investors are speculating on whether the market has reached its peak or if there will be another surge in price, and if so, when it might occur.
To shed some light on these questions, Cointelegraph has gathered the opinions of four experts in the field: 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 that led to the recent correction and offers insight into different possible scenarios. While their viewpoints may differ, most of them agree that Bitcoin is likely to enter a consolidation phase for a few months before resuming its upward trajectory. They also agree that, similar to previous cycles, the Bitcoin halving will not have a significant short-term impact on prices but will play a significant role in the long run.
To learn more about the future of the Bitcoin market in the coming weeks and months, be sure to watch the full interview on the Cointelegraph YouTube channel and subscribe for more updates.