The expert predicted an increase in the cost of bitcoin to $ 155 thousand.

In case of positive developments, including the institutional adoption of bitcoin, the exchange rate may rise to $ 120-130 thousand, and if the most optimistic forecast is implemented, it will reach $155 thousand, the director of communications of the cryptocurrency exchange told Izvestia on April 29. exmo.me Mikhail Smirnov.

According to the expert, the possible creation of bitcoin reserves at the level of individual states or the US federal government is among the factors that can support such growth.

"We should not expect the value of cryptocurrencies to stabilize in the coming months, especially given the possible escalation of trade conflicts. A slight decrease in activity is possible in the summer, when stock markets traditionally show a seasonal lull. During this period, the bitcoin exchange rate usually moves in a sideways corridor," Smirnov said.

One of the main factors determining the dynamics of bitcoin will be the US foreign economic policy, primarily the actions of Donald Trump in the field of trade duties. The policy of the Federal Reserve System (FRS) has an additional impact. There is also a possibility of a decline in US economic activity. Despite the fact that the recession is officially recorded only after the fact, it is increasingly being pointed out by both analysts and bidders.

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"With relative stability in the stock market, the bitcoin exchange rate may continue to rise and reach the range of $ 90-94 thousand. However, this level will act as a zone of strong resistance," he added.

In addition, in a negative scenario, including increased trade wars and falling stock markets, bitcoin may drop to the level of $ 44.5–42 thousand. Despite the continued volatility, bitcoin remains an attractive asset in the long run.

"The exchange rate still depends on global political and economic factors, including the actions of the Federal Reserve, US trade policy and the general state of the stock market. Investors should take risks into account and approach investments consciously, focusing on their strategy and financial capabilities," concluded Smirnov.

Earlier, on March 12, the Central Bank of Russia, in accordance with the instructions of President Vladimir Putin, sent proposals to the government to regulate investments in cryptocurrencies. This was reported in the press service of the regulator. According to the Central Bank, it is proposed to allow some investors from Russia to purchase and sell cryptocurrencies. For implementation, it is planned to establish a special experimental legal regime (EPR) for three years.