Tag - El Salvador

Bitcoin to rise to $100,000 in 2022 – says El Salvador’s President Nayib Bukele

The president of El Salvador, Nayib Bukele, has made six Bitcoin predictions for the new year via Twitter. The steepest thesis is likely to be that bitcoin will reach a price of 100,000 US dollars.

Nayib Bukele calls himself the CEO of El Salvador and acts like it. Cap backwards and pithy sayings are his thing. On New Year’s Sunday, he let his 3.2 million Twitter followers know what the new year would bring for bitcoin and El Salvador’s bitcoin ambitions. We take a look at them one by one.

Bukele expects bitcoin to reach a price target of $100,000 in 2022. Some other analysts have a similar view. However, it is also a fact that the world’s most important cryptocoin is currently trading at less than half of this value and even horror scenarios are circulating.

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