‘Unthinkable Scenario’ Required For Bitcoin To Hit $250K, CEO Says
Mike Novogratz, CEO of Galaxy Digital, warned that Bitcoin reaching $250,000 by year-end would take “a heck of a lot of crazy stuff,” putting a big question mark over some of the bolder market forecasts. Related Reading: All It Took Was A Tweet: FLOKI Jumps 27% After Musk Mentions It According to his remarks, the more likely outcome is that Bitcoin holds near current levels unless major new forces push prices much higher. Novogratz Sets A Realistic Range Based on reports, Novogratz suggested a year-end range of roughly $100,000 to $125,000 for Bitcoin under normal market conditions. At the....
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Bitcoin could get to $250K soon based on Livermore’s Speculative Chart, which puts the $250K target around July of 2026. This is what analyst Crypto Poseidon thinks after posting Bitcoin’s chart prediction next to Livermore’s pattern. The community didn’t take kindly to Poseidon’s assessment, but not because the $250K mark is unrealistic, but because it’s […]
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The American venture capitalist and founder of Draper Fisher Jurvetson (DFJ), Tim Draper, is still confident in his bitcoin prediction that says the crypto asset will tap $250K per unit. Draper said in April 2018, at the Draper University blockchain party, that he predicted: “$250K by 2022.” At this year’s Web Summit 2022 event, Draper said he “extended” his forecast “by six months,” as he now predicts bitcoin will tap that price range “by mid-2023.”
Tim Draper Says Bitcoin to Hit $250K by Mid-2023
Tim Draper spoke....
Analysts foresee $BTC surging toward $150K–$250K this year, especially if whales start selling the #1 crypto. If that happens, on-chain activity and transaction demand is bound to spike. This could make gas fees skyrocket and slow down confirmation times, making Bitcoin unsuitable for everyday traders. But fear not: The Layer 2 solution Bitcoin Hyper is […]
American venture capital investor Tim Draper still believes in a bitcoin price prediction he made in mid-April 2018, at the Draper University blockchain party. At the time, Draper said that he thinks bitcoin could reach $250K by 2022, and during an interview with CNBC’s Jade Scipioni this week, Draper reiterated his six-digit bitcoin price forecast. Tim Draper Envisions Six-Digit Bitcoin Prices by Next Year Tim Draper, the venture capitalist who has his hands in a myriad of blockchain and crypto companies, discussed his bitcoin (BTC) price prediction with CNBC this week. Draper is....