Tim Draper Says Bitcoin Will Hit $250k By 2023, Yahoo Finance Reports

“Billionaire investor Tim Draper has made headlines for famously predicting bitcoin’s price will reach $250,000 by 2022, and on Thursday he reiterated that call — albeit with a slight hedge.

During an interview with Yahoo Finance’s YFi PM to announce the launch of Grit BXNG, the boxing gym Draper invested in that will be the the first ever gym to accept bitcoin, he extended the timeline of his bitcoin call a bit to 2023.

“$250,000 by 2022, and I’m hedging a little, maybe Q1 2023,” he said. “It may be Q1 2023, but it will be [$250,000] before that.” Read more

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