Lately, a lot of articles are pointing towards a rather high increase for bitcoin before end of year per se. Whatever effect, if any, El Salvador has on bitcoin price is not going to be seemingly easily attributable. From what I’ve been reading these days, their population is still much pretty lost on how to use bitcoin, and will likely take some time to assimilate and adopt.

I’d fear more a potential fiasco affecting price, than the implementation and roll-out of the Bitcoin Law having a positive turn in price in the short term. Bearing in mind that all the steps so far have had little to none effect on price that is directly attributable, a chunky roll-out shouldn’t drive the price to any noticeable peak.