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Expert opinion: Bitcoin rollback will be negligible

On Thursday, January 14, the bitcoin rate came close to $ 40,000. The cryptocurrency can break through this psychological mark within the next few hours. BTC capitalization per day increased by 14% to $ 734.858 billion. The higher bitcoin rises, the more experts believe that a rollback will be inevitable. Nikita Zuborev, representing the team, told RBC that the correction is likely to return. There will be several pullbacks in the market, but one should not expect painful drops in the value of the cryptocurrency. Now we are seeing a temporary rebound, the analyst stressed. Then the BTC rate will weaken. The coin will be trading in the range of $ 34,000 to $ 38,000. The consolidation phase may last until the end of January, after which Bitcoin will go on the offensive again. It is impractical to buy BTC at current values, Zuborev said. In his opinion, it is necessary to switch to a wait-and-see strategy and activate at that moment if bitcoin rolls back to $ 28,000 for a short time. Trader Alexander Boyarintsev predicts that the upward dynamics of bitcoin’s movement will continue. In his opinion, now the coin has a good chance of reaching $ 45-50,000.

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