With Bitcoin price rally showing signs of exhaustion, BTC analysts warn that a correction is underway. The bulls are holding the ground steady consolidating the recent gains, but eventually the pull of gravity should weigh on the price of Bitcoin. Bitcoin price was slashed by 18% from its 2019 high of $9,109 (according to Bitfinex pricing), but the bullish trend remains intact.

Long-time Bitcoin contributor and analyst BillCharison has a bad news for the bullish trend with his dire forecast. However, crypto enthusiast and analysts FUNTRADER-Vera has a much moderate prediction that still gives the bulls a hope. Only time will tell if Bitcoin will deliver a retracement as analysts are predicting.

Now is the time to have an in-depth look at why these crypto experts believe in a pullback.