According to billionaire Tim Draper, Bitcoin is expected to surpass $250,000 per BTC soon. Here is the timeline he provided.

Venture capitalist Tim Draper predicts that Bitcoin will reach $250,000 as it begins a parabolic rally that will generate gains of more than 900% in less than two years. Draper had previously predicted that Bitcoin would hit this target by June 2022 following the high-profile collapse of crypto exchange FTX, but now believes it could be achieved by the end of 2023. Draper argues that the collapse of FTX should be a warning to investors who accumulate crypto assets controlled by a centralized entity, as decentralized cryptos like Bitcoin, Tezos, Bitcoin Cash, Aragon and Cardano are better. As of now, Bitcoin is trading at $24,705, up 1.68% in the last 24 hours.