Tomorrow, Bitcoin will get recognized as money in Australia - Impact on price of BTC?

Starting tomorrow, Australian government will recognize Bitcoin as money without taxes on it. This will definatelly be another major step for whole crypto world.

(source: https://cointelegraph.com/news/australia-will-recognize-bitcoin-as-money-and-protect-bitcoin-businesses-no-taxes)

I think the correction is over and because most of people is expecting more price drops, I think opposite will happen and cryptos will keep going up, as they did before the correction.

How do you think this will affect the price of BTC and other cryptocurrencies?

Leave your opinion in comments.

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