Bitcoin (BTC) recently experienced a significant decline after reaching record highs in early March. Now, as the Bitcoin halving approaches, many investors are speculating on whether this marks the end of the bull run or if there is another surge on the horizon. In order 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 offers their analysis of the factors that led to the recent correction and assesses various scenarios. While they may have different perspectives, most of them believe that Bitcoin will enter a consolidation phase for several months before resuming its upward trajectory. They also agree that, similar to past cycles, the Bitcoin halving will not have a significant short-term impact on prices, but will play a crucial role in the long-term.
To gain a deeper 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 for more updates.