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El Salvador’s president forecasts that the price of Bitcoin would reach $100,000 in 2022
El Salvador’s president, Nayib Bukele, forecasted that Bitcoin’s price will reach $100,000 by 2022.
Bukele predicts that Bitcoin will be accepted as legal money in two more nations.
Bitcoin’s price has dropped 32% from its all-time high, and analysts forecast additional declines.
El Salvador’s president believes the price of Bitcoin might reach $100,000 by 2022. Nayib Bukele believes that more governments will recognize Bitcoin as legal cash this year.
Bitcoin’s price is expected to fall further in 2022, according to analysts
Bitcoin’s price has dropped by more than 32% from its November peak, and many believe that the downward trend will continue. According to Thomas Petterfry, an American millionaire, it is smart to hold 2% to 3% of your fortune in cryptocurrency.
El Salvador’s president, Nayib Bukele, tweeted earlier today that the price of Bitcoin may reach $100,000 by 2022. This helped to promote an optimistic narrative for Bitcoin’s price.
Bukele predicts that Bitcoin will become legal tender in two big nations. The asset is on its way to becoming a big political problem in the United…
