Institutional money may propel Bitcoin to $250K in one year's time, says macr...
According to macro investor Raoul Pal, the latest Bitcoin rally is just the beginning of an institutional investor-led bull market. Bitcoin may hit $150,000 by November 2021 according to Raoul Pal, founder and CEO at Global Macro Investor and Real Vision — And that would be the most conservative scenario. Pal believes that Bitcoin could even reach $250,000 due to the large amount of institutional money currently flowing into the Bitcoin market.That is what, according to Pal, makes the latest Bitcoin rally fundamentally different from 2017’s crypto bubble, which is believed to have been....
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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 […]
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 […]
Bitcoin has emerged as the market’s top hedge option against rising geopolitical uncertainty and cross-border tensions. The institutional adoption of $BTC has increased during the last couple of months. Sergej Kunz, founder of 1inch (exchange aggregator), said that retailers might not have much time to accumulate the digital asset. As per Kunz, every retailer should plan to own at least one Bitcoin right now. In the near future, retailers might not be able to afford the asset as institutional buying pressure may propel the prices beyond $200K. Keep reading to find out more about the....
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....