Billionaire venture capitalist Tim Draper believes Bitcoin is hurtling toward a staggering $250,000 Bitcoin (BTC) price tag.
Highlights
- Billionaire venture capitalist Tim Draper believes Bitcoin is hurtling toward a staggering $250,000 Bitcoin price tag.
- Draper says Bitcoin is at the start of a parabolic rally that will see the top crypto asset generate gains of more than 900% in less than two years.
- Draper predicted that Bitcoin will hit his target in six months following the high-profile implosion of crypto exchange FTX.
- The venture capitalist who made early investments in Coinbase, Hotmail, Skype, Tesla and Twitter also says that the collapse of FTX last year should be a wake up call to investors who are looking to accumulate crypto assets that are controlled by a centralized entity.
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