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Saturday, September 18, 2021

After El Salvador, Ukraine to legalize Bitcoin (BTC), price forecast 2021

Ukrainian authorities have passed a law allowing banks to accept accounts from blockchain companies working with cryptocurrency. According to FXStreet , the country is on the verge of legalizing digital assets. If this happens, the owners of the cryptocurrency will be protected in the event of fraud or theft. (Also Read: Bitcoin Adoption: “McDonald’s starts accepting Bitcoin in El Salvador, alternative to the dollar for some)

Country of active members of digital assets

Despite the fact that last year Ukraine became the number one country in terms of the number of cryptocurrency users, Bitcoin (BTC) was not legal. The new bill, developed by the Ministry of Digital Transformation, is expected to enter into force in the coming months after its signature by the president. At this point, the authorities must change the tax code.

If the bill is passed, the authorities will then be able to regulate the relationships related to digital assets. The law will set out the rights and obligations of participants in the cryptocurrency market.

Unlike El Salvador, Ukraine is not yet going to make bitcoin an official payment method. Virtual currency cannot be used to purchase goods or services, but it can be freely exchanged. In addition, blockchain-related companies will be able to work directly with banks. (Also Read: Salvador bought 400 Bitcoin (BTC) and is ready to legalize cryptocurrency , price forecast and more)

The law in question was passed with the support of 276 deputies, while only six opposed it. The main reason for this step was the protection of the owners of bitcoins and other cryptocurrencies. Previously, the government viewed digital assets as fraud, which is why crypto companies often had issues with authorities. Thanks to the new law, these organizations will be able to operate legally.

Bitcoin price prediction for September 2021.
In the beginning price at 47160 Dollars. Maximum price $52919, minimum price $37459. The average for the month $45511. Bitcoin price forecast at the end of the month $44504, change for September -5.6%.

BTC to USD predictions for October 2021.
In the beginning price at 44504 Dollars. Maximum price $50818, minimum price $39861. The average for the month $44544. Bitcoin price forecast at the end of the month $42992, change for October -3.4%.

Bitcoin price prediction for November 2021.
In the beginning price at 42992 Dollars. Maximum price $52393, minimum price $42992. The average for the month $46836. Bitcoin price forecast at the end of the month $48965, change for November 13.9%.

BTC to USD predictions for December 2021.
In the beginning price at 48965 Dollars. Maximum price $60775, minimum price $48965. The average for the month $53876. Bitcoin price forecast at the end of the month $56799, change for December 16.0%.

Bitcoin price prediction for January 2022.
In the beginning price at 56799 Dollars. Maximum price $57129, minimum price $49655. The average for the month $54244. Bitcoin price forecast at the end of the month $53392, change for January -6.0%.

BTC to USD predictions for February 2022.
In the beginning price at 53392 Dollars. Maximum price $53392, minimum price $41710. The average for the month $48336. Bitcoin price forecast at the end of the month $44849, change for February -16.0%.

Bitcoin price prediction for March 2022.
In the beginning price at 44849 Dollars. Maximum price $47144, minimum price $40976. The average for the month $44257. Bitcoin price forecast at the end of the month $44060, change for March -1.8%.

BTC to USD predictions for April 2022.
In the beginning price at 44060 Dollars. Maximum price $54688, minimum price $44060. The average for the month $48480. Bitcoin price forecast at the end of the month $51110, change for April 16.0%.

Bitcoin price prediction for May 2022.
In the beginning price at 51110 Dollars. Maximum price $63438, minimum price $51110. The average for the month $56237. Bitcoin price forecast at the end of the month $59288, change for May 16.0%.

BTC to USD predictions for June 2022.
In the beginning price at 59288 Dollars. Maximum price $71159, minimum price $59288. The average for the month $64060. Bitcoin price forecast at the end of the month $66504, change for June 12.2%.

Bitcoin price prediction for July 2022.
In the beginning price at 66504 Dollars. Maximum price $82545, minimum price $66504. The average for the month $73175. Bitcoin price forecast at the end of the month $77145, change for July 16.0%.

BTC to USD predictions for August 2022.
In the beginning price at 77145 Dollars. Maximum price $95752, minimum price $77145. The average for the month $84883. Bitcoin price forecast at the end of the month $89488, change for August 16.0%.

Bitcoin price prediction for September 2022.
In the beginning price at 89488 Dollars. Maximum price $111072, minimum price $89488. The average for the month $98464. Bitcoin price forecast at the end of the month $103806, change for September 16.0%.

BTC to USD predictions for October 2023.
In the beginning price at 110962 Dollars. Maximum price $110962, minimum price $89151. The average for the month $101734. Bitcoin price forecast at the end of the month $95861, change for October -13.6%.

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