Bitcoin (BTC) recently experienced a significant drop after reaching record highs in early March. Now, as the highly anticipated Bitcoin halving approaches, there is speculation about whether the market has peaked or if there is another surge to come, and if so, when it might happen.
To shed light on these questions, Cointelegraph has gathered the insights of four market experts: professional trader Alessio Rastani, Cointelegraph analyst Marcel Pechman, YouTuber Scott Melker, and market analyst Michaël van de Poppe.
Each expert shares their analysis of the factors contributing to the recent correction and discusses various scenarios. While they may have different perspectives, most of them believe that there will be a consolidation period lasting a few months before Bitcoin resumes its upward trajectory. They also agree that, similar to previous cycles, the Bitcoin halving will not have an immediate impact on prices but will play a significant role in the long term.
To gain a comprehensive understanding of where the Bitcoin market is headed in the coming weeks and months, be sure to watch the full interview on the Cointelegraph YouTube channel and subscribe for more updates.