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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.
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.
Monetary policy also casts a long shadow over Bitcoin's 2025 outlook. The Federal Reserve's decision to remove its commitment to rate hikes in late January 2024 initially led to a strong rally.
Bitcoin price predictions for 2025. Bitcoin went on a nice run to end 2024, and the presidential election win of crypto-friendly Donald Trump has also helped drive crypto prices higher. Other ...
The $500,000 outlook implies a 407% increase from the token's current price. "Although the near-term remains choppy for Bitcoin, the long-term is becoming clearer by the day," the global head of ...
Bitcoin price predictions vary greatly. Some investors think that it is headed to $1 million a coin, or even $13 million. ... Feel free to own it if you believe in the long-term thesis around ...
By the end of the year, Bitcoin could hit a price of $100,000. ... Prediction: This Will Be Bitcoin's Next Big Move. Dominic Basulto, The Motley Fool. August 31, 2024 at 5:50 AM.