The American venture capitalist and founder of Draper Fisher Jurvetson (DFJ), Tim Draper, is still confident in 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, Skype, and Baidu.

More info Link: https://news.bitcoin.com/tim-draper-extends-btc-price-prediction-by-6-months-by-mid-2023-im-expecting-to-see-bitcoin-hit-250k/