- Bukele says a big Bitcoin price jump is coming.
- El Salvador continues to hold its BTC reserves.
- Global adoption could fuel the surge.
Bukele Confident About Bitcoin’s Future
El Salvador’s President Nayib Bukele has once again expressed strong optimism about Bitcoin ’s future. In a recent statement, Bukele said that a “gigantic Bitcoin price increase is just a matter of time.” His remarks come as global interest in cryptocurrencies continues to grow, despite recent market fluctuations.
Bukele, a vocal Bitcoin supporter, has made the digital asset a central part of El Salvador’s economic strategy. The country adopted Bitcoin as legal tender in 2021, and the government has consistently added BTC to its national reserves.
Why Bukele Expects a Price Boom
Bukele’s prediction of a major Bitcoin price surge is rooted in the principles of supply and demand. Bitcoin’s supply is capped at 21 million coins, and with growing institutional adoption, the available supply is shrinking. If demand continues to rise — especially after the upcoming Bitcoin halving — prices could climb significantly.
He also pointed out that many countries are starting to consider Bitcoin-friendly policies. This shift could open the door for wider adoption, further driving up demand.
El Salvador’s Long-Term Bitcoin Strategy
Despite criticism from some economists, Bukele has remained firm on his Bitcoin policy. El Salvador uses Bitcoin for public projects, investment attraction, and tourism promotion. The country’s “Bitcoin Beach” initiative has already drawn international attention, showing how a community can operate on a Bitcoin-based economy.
With Bukele’s confidence and a growing global interest in crypto, many are watching closely to see if his prediction will come true. Whether the next surge happens soon or later, El Salvador’s bet on Bitcoin is shaping global discussions about the future of money
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