Approaching the BTC halvingthe predictions of bull run resumed with renewed vigor. Tim Draper for his part predicted a bitcoin at $250,000 in the year 2022. But not everything went as planned on the side of the queen of cryptocurrencies. The crypto-enthusiastic billionaire brought corrections as to his old prediction.
Tim Draper asks for an extension
Tim Draper, the man who stunned the audience at PBWS 2023 in Paris his bitcoin song again talked about the evolution of the price of BTC. As a reminder, last July he predicted that the flagship crypto will trade at $250,000 at the end of 2022.
When December came around, nothing exciting was happening in the cryptocurrency market. The winter was harsh, to the point of pushing the venture capitalist to extend the validity of his prediction of 6 months.
After so many failures in its role as prophet BTCTim Draper must have felt ridiculous. bitcoin.com noted that he just readjusted his prediction schedule. Optimistic as he is, Draper Fisher Jurvetson and Draper Venture Network founder still believes in a $250,000 ATH.
But, it might take some time.
” So much for my prediction skills… Today is June 30, 2023. When bitcoin was at $4,000, I predicted it would hit $250,000 (times 60) on that day. It only reached $30,000 (times 7). I guess we have to wait a little longer (maybe 2 years), but the engineers work hard. »
SO, see you at the end of June 2025 to see BTC trading at the quarter million dollar mark.
Good and Bad Bitcoin Preachers?
Be mistaken in predicting a rise in the price of BTC, it is not the prerogative of Tim Draper.
” See my t-shirt. $250,000 by 2022. My prediction was a little off. He hasn’t made it yet… for the moment. In any case, before the ‘halving’. »
To say that he also excels in other areas. Aside from amassing large amounts of money, Tim Draper sings very well and also knows how criticize the aggressive policy of the SEC.
Note, however, that Draper is not alone in wanting a 7-digit ATH for bitcoin. Brothers Cameron and Tyler Winklevoss, for example, recently advanced a BTC at 500,000 dollars.
The analyst Willy Woo also prophesied a BTC at $310,000 due to a recent massive influx of institutions. Haven’t we learned that BlackRock, Fidelity and other financial giants have shown their intention to enter the crypto industry lately?
In any case, this month of July is promising for the crypto-flagship. The movements of BTC whales, increasingly motivated to stock up, could propel the queen of cryptocurrencies to new heights.
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