#BTCPrediction The price of Bitcoin could soar due to the dollar crisis: a forecast from the billionaire.
Tim Draper predicts that Bitcoin could be worth an unlimited amount of dollars due to the dollar crisis and geopolitical tensions.
Analysts at Standard Chartered predict that the price of Bitcoin will rise to $120,000 in the second quarter of 2025 and to $200,000 by the end of the year.
Why the price of Bitcoin could soar
Bitcoin could ultimately be valued infinitely in dollars if current monetary trends and geopolitical tensions continue.
Well-known for early investments in Bitcoin, venture capitalist Tim Draper says that the US dollar indicator is experiencing the worst start to the year in four decades. Therefore, if geopolitical tensions significantly escalate, confidence in the dollar could decline even further.
