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Bitcoin [BTC], the world’s largest crypto, is currently on an intriguing journey. According to the analyst Michaël van de Poppe, the king coin is expected to see a notable rise. His analysis reveals that Bitcoin is expected to maintain a price range of $45,000 to $50,000 as it enters a new phase. Bitcoin’s halving is a prominent event that is slated to occur in April 2024.

It’s expected to see #Bitcoin reach $45,000-50,000 pre-halving, after which we’ll have a heavy correction back to $32,000-35,000 and consolidate from there.

Cycles repeat themselves and #Bitcoin has been suffering a lot the past two years.

— Michaël van de Poppe (@CryptoMichNL) November 9, 2023

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