“Bitcoin has no material basis, except for the trust in it on the part of users ... And it very much depends on information injections, messages that relate to its fate and status,” the expert explained.

According to Belyaev, Bitcoin will continue to grow for some time on the hectic wave.

“But since it has no material basis, it seems that there will be a downward correction.

Already, of course, it will not drop below a certain mark: somewhere, probably, $ 20-30 thousand is the lower limit, "the interlocutor of RT concluded. 

Earlier it was reported that the cost of bitcoin updated its historical maximum and reached almost $ 50 thousand.