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

Bitcoin and Ethereum faced the brunt of the FTX-induced market crash that sent their prices tumbling south. Bitcoin fell to the $15,700 level reaching its November 2020 lows and Ethereum was on the…
1 year ago
The crypto markets experienced a bloodbath on Wednesday as leading coins dramatically headed south shedding all their previously generated gains. Bitcoin reached $17,700 in the day’s trade touching…
1 year ago
The crypto markets experienced a bloodbath on Wednesday as leading coins dramatically headed south shedding all their previously generated gains. Bitcoin reached $17,700 in the day’s trade touching…
1 year ago
The fall of FTT and the ongoing Binance-FTX episode caught the crypto community by surprise. FTX was one of the most popular exchanges, and many did not expect the firm to have insolvency issues.…
1 year ago
FTX, its sister company Alameda, and Binance have been the talk of the crypto town over the last couple of days. Well-known decentralized autonomous organization BitDAO stepped into the picture and…
1 year ago