Billionaire Tim Draper is still bullish that bitcoin will reach $250,000 by the end of 2022
Billionaire venture capitalist and bitcoin investor Tim Draper is sticking by his prediction that bitcoin will reach $250,000 by the end of 2022 or early 2023 despite the cryptocurrency’s wild swings in value and the turmoil around its environmentally unfriendly energy usage.
“I think I’m going to be right on this one,” Draper tells CNBC Make It.
Draper first made the bold price prediction back in 2018, at which time bitcoin was trading around $8,000, according to Coinbase.
Reference: CNBC
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