Tim Draper Stands By $250,000 Bitcoin Prediction, Here’s Why

Tim Draper Stands By $250,000 Bitcoin Prediction, Here’s Why


Venture capitalist Tim Draper continues to show staunch support for bitcoin even during this time. Draper who has been an evangelist for bitcoin has said multiple times that he expects the digital asset to hit six figures, and once again, he has taken an opportunity to double down on his predictions.

Bitcoin To Reach $250,000

In an interview with Bloomberg, Tim Draper said that he expects the price of bitcoin to actually reach $250,000. His reasoning behind this was that bitcoin has not really trickled down into retail shopping just yet. According to Draper, he believes that when this happens, bitcoin will see the $250,000 price mark, and possibly even higher.

Warning a tie sporting the bitcoin symbol, Draper points to the fact that women

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