Tim Draper predicts: 1 Bitcoin will reach over 6.3 billion in 2025!
Tim Draper Reaffirms $250,000 Target for Bitcoin by 2025
Venture capitalist Tim Draper has once again reaffirmed his prediction that Bitcoin will hit $250,000 by the end of this year , despite market volatility.
On the X platform on June 4, he said that the US dollar is losing value , and Bitcoin could “rise indefinitely” if this trend continues.
He first made this prediction in 2018 and has maintained his stance to this day.
Institutional money and clear policies are the driving forces behind the price increase.
The rise in investment from large institutions is helping Bitcoin move closer to the traditional financial system, Draper said .
JPMorgan – once skeptical of cryptocurrencies – is now preparing to offer Bitcoin-related services.
In addition, Draper also highlighted other factors such as new trade policies under Trump , the emerging regulatory framework , and Web3 applications leveraging Bitcoin's blockchain as drivers of the price increase.
Bitcoin is becoming a reputable “safe haven” asset
According to Draper, many businesses are actively entering the market , making Bitcoin more popular.
He believes that compared to stocks or other cryptocurrencies, Bitcoin is now lower risk due to the increased trust from the community .
With Layer 2 solutions, Bitcoin is expanding on Ethereum-like functionality while maintaining its core principles.
Bitcoin is becoming a hedge not only against market risks, but also against unsustainable government fiscal policies , Draper concluded.