Nayib Bukele Bought Bitcoin Once Again
As the Bitcoin price continued to decline, El Salvador's President Nayib Bukele bought Bitcoin at the dip once again.
During El Salvador's President Nayib Bukele's visit to
Turkey, the Bitcoin price, which rose with the allegations that the Central Bank would buy cryptocurrencies, unfortunately fell to the ground when the allegations were not true.
After forcing the 43 thousand dollar band, Bitcoin, which suddenly fell below 38 thousand dollars, was expected to recover from here. In fact, Nayib Bukele shared that he was sorry for missing the dip.
A second wave of decline came, which shocked the investors, and with the 3 night close, the journey started around 34 thousand dollars. At this point, although the hope of a double dip appeared on the charts, it did not materialize and there is a downward selling pressure again.
https://twitter.com/nayibbukele/status/1484651539587289091?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1484651539587289091%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.donanimhaber.com%2Fnayib-bukele-yine-bitcoin-satin-aldi--144207
The good news is that President Nayib Bukele announced that he has purchased another 410 BTC for an average of $36500. In other words, a purchase of around 15 million dollars was made. Thus, the treasury reached a total of 1770 BTC in assets. There is no other country that holds this amount of Bitcoin assets.
Bukele criticized people selling their investments for cheap.