Bitcoin Price Prediction: Tim Draper Believes BTC Could Hit $10 Million Per Coin
Crypto News Terminal19 Apr, 2024
Bitcoin Price Prediction: Tim Draper Believes BTC Could Hit $10 Million Per Coin
**Tim Draper Predicts Bitcoin Could Reach $10 Million** Venture capitalist and Bitcoin maximalist Tim Draper recently stated in an interview that he believes Bitcoin (BTC) could reach prices of $250,000, $1 million, $2 million, and even $10 million in the future. Draper's bullish prediction is based on his belief that Bitcoin will become widely accepted as a medium of exchange, allowing people to purchase goods and services and pay taxes with the cryptocurrency. Draper believes that the approval of a spot Bitcoin ETF in the United States will be a significant tailwind for the price of Bitcoin, which he expects to "go parabolic again" after its next halving. **Previously on [date],** venture capitalist Tim Draper predicted Bitcoin could reach prices of $250,000, $1 million, $2 million, and even $10 million in the future.
