Billionaire venture capitalist Tim Draper still firmly believes his lofty $250,000 bitcoin price prediction will come to pass this year spurred by women. Yes, you heard right.
Women Will Take BTC To $250K: Draper
Tim Draper told veteran crypto trader Scott Melker that he’s standing by his bullish $250K bitcoin price target for this year. Despite the recent downturn, the early bitcoin investor remains undeterred in his enthusiastic outlook for the number one cryptocurrency.
He explained that more women will begin using bitcoin, and this will considerably broaden the asset’s user base. “All of a sudden, all the women will have Bitcoin wallets, and they will be buying things with Bitcoin,” Draper posited.
Given that over 50% of the wealth in the United States is managed by women, it’s not too optimistic for the tech investor to say they could help drive the BTC price to astronomical heights.
Draper also highlighted that retailers, who currently operate on thin margins, have not yet...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...