Billionaire venture capitalist and world renowned crypto investor Tim Draper in June, 2021 doubled down on his Bitcoin $250K forecast. During an interview a year later in June 2022, Draper told Scott Melker, aka the Wolf of All Streets, that “by the end of this year or early next year” BTC would hit his $250K target.

Amid the bear market this year and speaking at the Web Summit 2022 conference, Draper said bitcoin is essentially protection “against bad governance.” While the $250K prediction still rings true with Draper today, he’s added a six month extension to his forecast. Draper said:

"By mid-2023 - I’m expecting to see bitcoin hit $250,000."
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