El Salvador President Shared His Bitcoin Forecast

El Salvador President Nayib Bukele shared his Bitcoin forecast for 2022. The country accepts BTC as its official means of payment.

Nayib Bukele, President of the Central American country El Salvador, which accepted Bitcoin as the official currency last September, shared his 2022 predictions. Bukele stated that he predicts that the biggest cryptocurrency with its market value will reach 100 thousand dollars this year. Also, according to Bukele, two more countries will accept Bitcoin as legal currency in 2022. The President also shared his prediction that the construction of the Bitcoin city will begin in El Salvador, and that the Bitcoin bonds that El Salvador will issue will be in high demand. Finally, Bukele said that there will be a big surprise at the Bitcoin conference to be held in the USA in April. The President is on the speaker list of the conference. El Salvador's adoption of Bitcoin as the official currency was also announced in last year's Bitcoin 2021. Expectations for Bitcoin from 2022 are growing. Beyond Bukele's predictions, it is stated that this year the US Securities and Exchange Commission (SEC) may approve a Bitcoin ETF. In addition, it is predicted that in 2022, more companies will buy Bitcoin, big technology companies will develop products and services related to Bitcoin, and banks will start giving Bitcoin-backed loans.