$BTC Where Is Bitcoin Going Next? Market Experts Are Coming
After reaching all-time highs in early March, Bitcoin (BTC) experienced a sharp correction and then entered a period of consolidation. With less than a month until the Bitcoin halving, many market participants are wondering whether the top is in or if there will be another rally, and if so, when the next bullish move will come.
To answer these questions, Cointelegraph's newest video brings together 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 gives their assessment of the factors behind the latest correction and also considers different scenarios. Despite differing perspectives, most agree that there will likely be a period of consolidation lasting several months before Bitcoin continues its upward trend. As in previous cycles, experts agree that the Bitcoin halving will not have a major impact on prices in the short term but will play an important role in the long term.