Is Bitcoin still poised to hit $250K? Tim Draper thinks so

Over the last couple of days, Bitcoin’s big drop to the mid $15K range led to several speculating if the crypto industry was dead. However, several BTC bulls seemed to be bullish about the asset going beyond its previous highs. Tim Draper, a prominent venture capitalist prolonged his age-old prediction of Bitcoin hitting $250,000.
Appearing in a recent interview, Draper discussed a wide range of market developments. As was already indicated, several lost faith in the king coin. Investors predict

shubhk's Recent Blog Posts

According to relevant patent filings and recent job postings, Apple (AAPL) appears to be working on the creation of a “3D mixed-reality world” with metaverse-like characteristics. Over 30 augmented…
1 year ago
In January 2017, Bitcoin breached the $1000 benchmark, creating a new record high at that time. By mid-December that year, the asset already inclined to a new peak at around $19.7k. Fast forward to…
1 year ago
The Bitcoin market has been drowning the red sea along with its counterparts. Amidst constantly crashing projects, the mining industry hasn’t been very profitable. While several filed for bankruptcy …
1 year ago
FTX Telegram admins have confirmed that the exchange was hacked late Friday night. The Telegram admins urged users to not visit the FTX website as it “might download Trojans” which could affect their…
1 year ago
Bitcoin (BTC) holders, both long-term and short-term, are facing the brunt of the recent market crash. According to the data on Glassnode, 35.4% of BTC supply is being held at a loss by long-term…
1 year ago