{"id":143390,"date":"2024-11-27T12:30:44","date_gmt":"2024-11-27T10:30:44","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=143390"},"modified":"2024-11-27T03:20:42","modified_gmt":"2024-11-27T01:20:42","slug":"billionaire-sets-ambitious-bitcoin-price-targets-for-2024-and-2025","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/billionaire-sets-ambitious-bitcoin-price-targets-for-2024-and-2025\/","title":{"rendered":"Billionaire Sets Ambitious Bitcoin Price Targets for 2024 and 2025"},"content":{"rendered":"

Back in 2014, when Bitcoin<\/a> <\/strong>was trading at just $180, Draper forecasted it would climb to $10,000 by the end of 2017. Despite initial skepticism, Bitcoin hit that milestone in November 2017, during a massive bull run.<\/p>\n

In 2018, Draper set his sights even higher, predicting that Bitcoin would reach $250,000 by the close of 2022. While Bitcoin fell short of this lofty goal, it did achieve a record high of approximately $69,000 in November 2021. Adjusting his timeline, Draper extended his $250,000 prediction to mid-2023, citing increasing adoption by retail investors and women as key drivers for the digital currency\u2019s growth.<\/p>\n

Reflecting on his past forecasts in a recent interview<\/a><\/strong>, Draper acknowledged the delays in Bitcoin reaching his targets. He attributed this to regulatory barriers, stating, \u201cI think we can chalk those three years up to a weak government that regulated rather than encouraged new technologies. Our new government is more encouraging.\u201d<\/p>