Tim Draper is Convinced Bitcoin Will Reach $250,000 By 2023

Former billionaire Tim Draper still believes Bitcoin will hit $250,000 by the end of 2023.

Famous venture capitalist Tim Draper has reiterated his ambitious prediction about bitcoin’s price.

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Former billionaire had predicted back in January this year that bitcoin will reach $250,000 within a year.

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Tim Draper still firmly stands on his prediction despite the current market situation.

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In an interview with Forbes, Draper said that he is more convinced than ever that bitcoin will reach $250,000 by late 2022 or early 2023.

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According to Forbes, Tim Draper’s net worth went from $1.2 billion to $647 million alone this year.

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Top eleven richest personalities in the crypto industry have lost an aggregate of $61 billion over the last three months.

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Binance CEO Changpeng Zhao earlier said that it might take from a few months to a few years for bitcoin to reach another all-time high.

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