Bitcoin Predicted to Hit $250,000 in Six Months by Tim Draper

Nov 05,2022
Bitcoin Predicted to Hit $250,000 in Six Months by Tim Draper

During the Web Summit of this year's technical conference held in Spain recently, Tim Draper, a famous venture capitalist and cryptocurrency enthusiastforecastBitcoin, the largest cryptocurrency, will reach 250000 US dollars in January

Draper once again believes that women will be able to lead cryptocurrency to this price

imageReported by:, a venture capitalist who was once an initial supporter of Hotmail, Skype and other enterprises, predicted that female Bitcoin customers would be able to significantly expand the largest cryptocurrency consumer group

According to the exploration of New York Life Investment Management, 51% of American wealth is controlled by women

In 2014, Draper bought 30000 bitcoins, which were taken away by US law enforcement officials from the black market of the ancient Silk Road. At that time, he accurately predicted that the price of the world's largest cryptocurrency would exceed $10000 within three years. By the end of 2017, Bitcoin was close to 20000 dollars

For many years, Draper has predicted that Bitcoin will be about 250000 dollars by 2023. The top cryptocurrencies must surge 1090% to achieve this goal. Even in the next six months, the top cryptocurrencies are unlikely to meet the above total demand

After Bitcoin reached its highest value of $69000 last November, the transaction price at this stage is slightly higher than $21000. But Draper showed that the bear market did not want him to worry