Billionaire Tim Draper: Still Bullish on Bitcoin, Will Reach $250,000 by End of 2022

Billionaire venture capitalist and bitcoin investor Tim Draper said in an interview on CNBC’s “Make It” show that he remains bullish on bitcoin and believes it will reach $250,000 by the end of 2022 or early 2023, despite the cryptocurrency’s wildly fluctuating value, CNBC reports. Draper reportedly first made his bold price prediction in 2018. Furthermore, he predicted that “give it a year and a half, retailers are going to be on Opennode (a bitcoin payment processor), so everyone will accept bitcoin.”