Tim Draper confirms: Bitcoin will cost 250,000 USD in 2020

Tim Draper confirms: Bitcoin will cost 250,000 USD in 2020

By dyhudyh | Dyhudyh | 21 Dec 2019


Tim Draper is a person known to all cryptocurrency supporters. In 2014, he predicted that up to three years, 1 BTC would cost a minimum of USD 10,000. It proved to be more than enough. ATH Bitcoin from 2017 is 20,000 USD. Now this famous investor is raising the stake. By the end of 2020, we have to pay as much as 250,000 for one digital coin. USD.

An opportunity to talk to Draper about the price of BTC was an interview with The Block TV. The investor believes that due to halving, which is expected to take place in May 2020, the cryptocurrency will gain very much in terms of price. In his opinion, we can expect a value of 250,000. USD.

This is a very cautious forecast, because e.g. cryptocurrency fan and businessman John McAfee believes that we will pay as much as one million dollars in 2020 for 1 BTC. He declares himself that if he fails to reach this level, he will cut off his own birth and eat it in front of viewers.

But are such astronomical amounts real? Yes, but it seems quite doubtful that this would take place as early as 2020, which will be rather a run up to the bubble, which in turn can be expected in 2021.

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