Richard411

Tim Draper Still Believes Bitcoin May Hit $250,000

Long
BINANCE:BTCUSD   Bitcoin
American investor Tim Draper is still convinced that the price of Bitcoin will eventually reach $250,000.

During a recent interview with well-known cryptocurrency trader Scott Melker, he predicted that more women would start using Bitcoin. This would significantly expand the cryptocurrency’s userbase.

“All of a sudden, all the women will have Bitcoin wallets, and they will be buying things with Bitcoin,” Draper predicted.

Considering that roughly 51% of wealth is controlled by women in the U.S., it’s not far-fetched to predict that they could push the price of Bitcoin significantly higher.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.