Tim Draper talk say Bitcoin go reach $250K for 2025, e yan adoption, halving, plus maybe weak dollar
Venture capitalist Tim Draper don confirm say e still dey optimistic about Bitcoin price, sey e fit reach $250,000 by 2025. Draper talk say wan multiple reasons dey wey make am believe sey Bitcoin go grow, like how institutions and people dey start dey use am more, the halving event for 2024, oro wey dey around fiat money losing value, plus how people dey see Bitcoin as digital gold. E still talk say because government for USA dey spend anyhow and policy fit change, e fit make Bitcoin beta as hedge. Tim even talk say if people no trust fiat currencies again, Bitcoin price fit no get limit against the US dollar. This kain talk dey follow how investors dey get hope after big Bitcoin halving events, price spike before, and how Bitcoin dey blend inside bank products. For crypto traders, e show say make dem dey watch regulatory changes and how institutions dey adopt, because those fit push Bitcoin price and market mood higher.
Bullish
Di news dey show say one big investor, Tim Draper, get strong positive hope for Bitcoin. E say Bitcoin go reach $250,000 by 2025. Dis hope base on how more pipo dey use Bitcoin, the 2024 Bitcoin halving wey go happen, plus worry wey dey about fiat money inflation wey usually make price go up. Tim Draper talk say him believe dis hope because past halving events don show same thing and e talk say institutional investors plus change for big economy reasons fit make price rise more. For short term, dis kind talk fit make market feel good and make new buyers come. For long term, things like institutions start using Bitcoin and better law rules fit keep price on the rise, and make Bitcoin look good to buy more.