President Bukele predicts Bitcoin $100k rally, further legal adoption and more

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President Bukele predicts Bitcoin $100k rally, further legal adoption and more
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El Salvador President, Nayib Bukele, thinks Bitcoin will hit $100K this year, amongst several other predictions including the construction of Bitcoin City.

. As Cointelegraph previously reported, the president foresees Bitcoin City to become a fully functional city with residential areas, shopping centers, restaurants, a port, “everything around Bitcoin.”

According to Bukele, “Bitcoin City will commence construction” this year, implying the development of the $1 billion BTC bonds-backed virtual city. Along with this development, he predicts an oversubscription of the Volcano bonds. Bukele also predicts that Bitcoin will become a major electoral issue in U.S. elections this year and told his Twitter followers to be on the lookout for “a huge surprise” at Bitcoin 2022 conference.

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