Venture capitalist Tim Draper has doubled down on his $250,000 bitcoin price forecast. “I would say that my number $250,000 will probably come pretty soon,” he emphasized, predicting that if the price of bitcoin hits $250,000, “it’ll go way past it.”
Tim Draper’s $250K Bitcoin Prediction
Venture capitalist Tim Draper shared his bitcoin price prediction for 2024 in an interview with Coin Bureau last week.
He explained that when the price of BTC was $4,000, he predicted that it would climb to $250,000 in four years. “When I predicted that, what I didn’t expect was how fearful and just old thinking the U.S. would be. I think with a receptive U.S., we would be having conversations like the ones I have with the people from El Salvador,” he shared. El Salvador was the first country to adopt BTC as legal tender alongside the U.S. dollar.
Emphasizing that he still believes BTC will reach $250K in the near future, he opined: “I think all that is is a delay. I would call it t
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