🔸 Billionaire Tim Draper predicts that the price of Bitcoin (BTC) will reach $250,000 by the end of 2025.
🔸 Despite his previous prediction for 2022 failing, he remains confident in his vision.
Reasons:
Economic support from Trump's trade deals.
The near launch of a Bitcoin ETF from the Trump group.
Strong legislative progress in regulating digital currencies within the United States.
Adoption by major institutions like JPMorgan and MicroStrategy of Bitcoin.
Technological advancements through Layer 2 (L2) solutions and Web3 applications.
🔹 Draper sees Bitcoin as a safe asset and a store of value, and he anticipates it will replace the dollar within 10 years.
Cryptonews