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President Bukele predicts Bitcoin $100k rally, further legal adoption and more
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Last year, El Salvador became the first country to adopt Bitcoin as legal tender under Bukele’s presidency as a countermeasure to the growing inflation in the country. Since legalization, the president acquired 1,370 BTC for the country’s reserve and reinvested its unrealized gains into new infrastructure projects including a hospital and a school.
President Bukele predicted that two more countries will join El Salvador to adopt Bitcoin as a legal tender in 2022. In the same year, he expects a bull run that will take BTC price to a new all-time high of $100,000.
On Jan 2, El Salvador President Nayib Bukele shared five bullish predictions on Bitcoin’s (BTC) performance for the year 2022.
2022 predictions on #Bitcoin:•Will reach $100k•2 more
Read more on cointelegraph.comAbout this in other media
Expat Salvadorans ‘Clash’ in LA Park over Bukele, Bitcoin cryptonews.com /2 years ago
Ark Invest's Cathie Wood points to El Salvador's bitcoin push as one way innovation is making people's lives better markets.businessinsider.com /2 years ago
Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s cointelegraph.com /2 years ago
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