Tim Draper Extends BTC Price Prediction by 6 Months — 'By Mid-2023, I’m Expecting to See Bitcoin Hit $250K'
The American venture capitalist and founder of Draper Fisher Jurvetson (DFJ), Tim Draper, is still confident his bitcoin prediction that says the crypto asset will tap $250K per unit. Draper said in April 2018, at the Draper University blockchain party, that he predicted: “$250K by 2022.” At this year’ ;s Web Summit 2022 event, Draper said he “extended” his forecast “by six months,” as he now predicts bitcoin will tap that price range “by mid-2023.” Tim Draper Says Bitcoin to Hit $250K by Mid-2023 Tim Draper spoke at the three-day Web Summit 2022 event this year and explained that he’s a fan of bear markets. The billionaire investor detailed during his discussion that the crypto winter is the venture capitalist’s (VC) “favorite time to be investing.” Draper is a well known VC in the crypto industry, but he’s also backed prominent companies such as Tesla, Spacex, Robinhood, Docusign, Ring,...