Renowned billionaire investor Tim Draper has again captured the crypto community’s attention with his bullish stance on Bitcoin. Despite missing his previous forecast 2018, where he predicted Bitcoin would hit $250,000 by 2022, Draper remains steadfast in his belief in Bitcoin’s potential.
Bitcoin To Hit $250,000 By 2025
In a recent Bloomberg interview, Draper first humorously acknowledged his missed prediction, joking: “Well, I don’t know why anybody is still listening to me if I missed that one.” Yet, this missed forecast hasn’t dampened his optimism; Draper is doubling on his prediction, projecting that Bitcoin will reach the quarter-million mark by 2025.
Draper cites his misjudgment of the US government’s conservative stance on cryptocurrency regulation as the reason behind his previous prediction not materializing. However, he emphasizes the increasing adoption of Bitcoin in countries with unstable currencies.
Draper notes the growing preference for conducting busin
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