OREANDA-NEWS  Experts predict an increase in the bitcoin rate to 50 thousand dollars by the end of the week. However, then its cost will return to the level of 37-40 thousand dollars.

The bitcoin rate jumped sharply due to the purchase of bitcoins by Tesla in the amount of 1.5 billion dollars. In addition, the head of the corporation Elon Musk said that Tesla will accept cryptocurrency as payment, but so far in a limited amount.

Sergei Grishunin, who is the Managing Director of the NRA's rating service, said that if Elon Musk's decision is supported by other large companies, Bitcoin could rise in price to 50,000 dollars by the end of the week. However, then the cost of the cryptocurrency may drop again to 33-37 thousand dollars, the expert said.

Artem Lyutik, Managing Director of the investment company Univer Capital, warned that buying bitcoin carries great risks. These risks are associated with the likelihood of introducing a lockdown in different countries of the world, and, as a result, panic and sale of assets.

According to experts, the future of the cryptocurrency depends on the regulators.

Earlier, on February 9, the bitcoin rate exceeded 48 thousand dollars, thus reaching a record value. However, to date, the price for this currency is in the region of 46.5 thousand dollars.