Major Bitcoin correction after halving predicted by top analyst$
Major Bitcoin correction after halving predicted by top analyst Michael van de Poppe, crypto analyst and trader from Amsterdam, has recently taken to X platform to share his latest Bitcoin price prediction. According to the analyst, the current Bitcoin rise will likely peak around $54,000 or could even reach $58,000. This should presumably occur before the Bitcoin halving event that is set to take place in two months. However, van de Poppe threw some cold water on those who believe that the halving will immediately fuel Bitcoin's bullish surge, as he expects a âsubstantial correction to $40,000-$42,000â after the halving has arrived. In general, van de Poppe believes that the price of the leading crypto will rise much higher than his prediction. Last week, he wrote on his X account that the price is likely to reach as high as $300,000-$600,000 thanks to institutional demand for Bitcoin
