The analyst did not rule out the growth of bitcoin to $130 thousand in the spring.
Bitcoin's value in the coming week will be significantly influenced by Federal Reserve (Fed) data, geopolitical events, and the possibility of US President Donald Trump to promote his cryptocurrency initiatives, which could have a positive impact on the market, BitRiver financial analyst Vladislav Antonov told Izvestia on February 20.
"I think that by early March, we may see a move either to $105 thousand, if the geopolitical situation softens and Trump begins to actively promote his crypto-initiative, or a pullback to $90 thousand, if the Fed suddenly decides to tighten positions, and speculators continue to be nervous about external factors," the analyst said.
According to him, the statement of the leaders of the United States and Russia on diplomatic dialog has already given a small increase, and any hints of further "warming" of relations will fuel optimism.
In addition, Trump is actively promoting the idea of US leadership in cryptocurrency.
"If Americans are willing to spend, it will support risk assets, including bitcoin, but if they start hiding money, the market could go into more hibernation. The bitcoin price targets of $130 thousand for March-April and $160 thousand for October-November remain in effect," Antonov summarized.
In January, Capital Lab partner Evgeny Shatov in a conversation with "Izvestia" predicted the bitcoin rate for the first half of 2025. According to him, it is quite possible that bitcoin within the framework of the unfinished impulse can reach the $115-135 thousand mark, after which consolidation near the achieved level is likely.
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