The expert spoke about the scenarios for the development of the situation on the crypto market in the coming days.

The key support level for bitcoin remains around $76 thousand. If it persists in the coming days, the market may move to recovery at the beginning of next week. At the same time, for a full-fledged reversal, bitcoin needs to gain a foothold above the level of $ 78.7 thousand, which will open up the potential for movement in the range of $ 82-90 thousand. Alexander Baryshnikov, the manager of the Mining fund of the Record Capital Management Company, told Izvestia on May 22.

"Bitcoin is currently in one of the most uncomfortable states for investors — it is not falling, but it is not growing either. $77,756 on the morning of May 22 is not a disaster, but it is not a reason to celebrate. The market is stuck at a point where sellers are already tired of pushing down, and buyers are still hesitant to attack," the expert explained.

According to Baryshnikov, the further dynamics of the cryptocurrency in the next 72 hours will largely depend on external factors. He called the negotiations between the United States and Iran on the nuclear program one of the key drivers. In the case of positive signals from the parties, tensions in global markets may decrease, which traditionally supports risky assets, including cryptocurrencies.

The expert considers the first statements of the new head of the US Federal Reserve System, Kevin Warsh, to be the second important factor. The market is waiting for signals regarding the future policy of interest rates, and any hints of a possible easing of monetary policy can cause an increase in interest in crypto assets.

One bottom: is it worth buying Bitcoin, which has started to grow

And how is the collapse of the cryptocurrency in early 2026 radically different from the previous ones?

In addition, investors will closely monitor data on inflation expectations of American consumers. If market participants see signs of a slowdown in inflation, this may strengthen expectations of a more lenient Fed policy and support the value of bitcoin.

At the same time, Baryshnikov noted that the long-term background for cryptocurrencies is gradually improving. In particular, legislative initiatives are being prepared in the United States, which should define clearer rules for regulating the crypto market.

"Bitcoin is currently awaiting an external solution — not so much an economic one as a political one. The market is ready to move, but the direction will depend on what signals come from Washington and from global markets," the expert said.

According to him, long-term forecasts for bitcoin at the turn of 2030-2031 in the range of $160-200 thousand look more reasonable than short-term expectations of a sharp increase in the coming weeks.

Baryshnikov reported on May 18 that the cryptocurrency market had entered a protracted correction phase: against the backdrop of the Fed's harsh rhetoric, rising geopolitical tensions and the flow of capital into AI stocks, bitcoin could test the level of $70 thousand. until the end of May. At the same time, further dynamics will largely depend on the state of the American stock market and the continued interest of investors in the AI narrative.