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Tim Draper, a prominent venture capitalist and cryptocurrency enthusiast, has made Bitcoin price predictions since 2014. That year, Draper predicted Bitcoin to be $10,000 by the end of 2017.
Here is a look at how much that $100 would be worth in the future under Wood's various price targets. Bear Case, $258,500: $100 today would be worth $289.52, up 189.5% Base Case, $682,000: $100 ...
For a contract on what price Bitcoin will hit in November, the odds are 72% that it will reach $95,000. The price with the next highest odds is $105,000 at 23%, then $110,000 at 14%.
But as its price undergoes a period of volatility, it's easy to forget that Bitcoin is still up more than 30% from the beginning of the year and more than 125% since August 2023.
Given these active price-boosting catalysts, Bitcoin's price can rise more than 50% over the next 16 months, reaching $100,000 or more. But always remember to take predictions with a grain of salt.
Bitcoin passed its previous all-time high Nov. 2021 record of $69,044.77 last week and is now cruising past $70,000 -- something many crypto-skeptics, such as JPMorgan's Jamie Dimon -- were not...
Yet, while some may believe the recent correction that Bitcoin underwent may have stymied any chance of reaching a $100,000 price tag, the reality is that Bitcoin still has what it takes to reach ...
Admittedly, for Bitcoin to almost double in price and hit $100,000 by the end of the year, a lot of things will need to go right. But if ETF inflows revive, and if crypto sentiment once again ...
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