President Nayib Bukele’s bill that granted Bitcoin (BTC) a legal tender status in El Salvador is yet to be enforced in September but after the country’s distrust of the new legislation became apparent through opinion surveys, Salvadorans started voicing their disapproval in the streets. origin »
PlanB argues that Bitcoin is trading far below its historical relationship with stocks and gold. The current $BTC price is beneath long-term regression trends.