RATE Group | Here Is Why Tim Draper Believes Bitcoin (BTC) Will Hit $250,000 by 2022
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Here Is Why Tim Draper Believes Bitcoin (BTC) Will Hit $250,000 by 2022

28 Jul Here Is Why Tim Draper Believes Bitcoin (BTC) Will Hit $250,000 by 2022

Posted at 11:44h in Bitcoin News by

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The King of Crypto, Bitcoin (BTC), continues to make headlines across the globe with its impressive run in the markets. BTC seems to be firmly rooted in its new value above $8,000. The total crypto market capitalization has also increased to $301 Billion at the moment of writing this, with BTC dominance having increased to 47%. It is with such market action that many crypto-enthusiasts and prominent BTC crusaders are bullish about the coin moving forward.

One such individual is Tim Draper who believes Bitcoin will hit $250,000 by 2022. He made this comments during a recent interview with The Street. When asked about the future of Bitcoin and other cryptocurrencies, Tim Draper stated that:

“I’m not really interested in holding fiat, because it loses value over time. I have no interest in selling my Bitcoin. What would I sell it into anyway? Moving from crypto to fiat is like trading shells for gold. It is reverting to the past. I’m thinking…

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