Bitcoin (BTC) Price To surge 10x in Next 2 Years - Tim Draper
Tim Draper predicts that the Bitcoin price will hit $250,000.
According to Draper, Bitcoin is just beginning a parabolic run that will result in profits of more than 900% in under two years.
With FTX's demise, he had earlier forecasted that Bitcoin would reach its target in six months.
Draper claims that even if Bitcoin doesn't increase by June, the deadline can be extended to the end of next year.
Draper sees FTX's collapse as a warning to investors and advocates for decentralized crypto assets like Bitcoin, Tezos, Bitcoin Cash, Aragon, and Cardano over centralized ones.
According to him, it is not a sensible investment to retain centralized crypto assets like XRP or ETH without a defined goal.