Bitfinex analysts have shared their latest Bitcoin price predictions.
As Bitcoin continues to trade sideways following its April 20 halving, investors have been left wondering when the bottom will be in and when the bull run will begin.
In light of this, analysts at Bitfinex have shared their latest BTC price predictions.
Suggesting that Bitcoin could consolidate for up to two months following the halving, the analysts said that consumers and businesses alike are better prepared and more financially literate than in previous crypto market cycles.
The analysts also stated that the positive impact of the halving has yet to be seen in the price of BTC, and they expect this positive impact to play out over the coming months.
