I’m Still Bullish on Bitcoin, But There’s No Way It’s Going to $250,000 Next Year

Bitcoin (BTC 0.02%) may be down almost 65% for the year, but that’s not stopping some high-profile names in the finance and crypto world from putting out some incredibly bullish future price targets. For example, billionaire venture capitalist Tim Draper recently put out a $250,000 price target for Bitcoin. And he thinks it’s getting there by June 2023.

Of course, Draper has been wrong before with his Bitcoin predictions. Back in 2018, he famously predicted that Bitcoin would hit $250,000…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *