Tim Draper Predicts Bitcoin Will Reach $250,000 by End of 2025
Tim Draper, a Silicon Valley venture capitalist, maintains his prediction for Bitcoin to reach $250,000 by the end of 2025. This forecast, first made in 2018, has been reiterated following a recent surge in the crypto market.
Key Points from Draper's Prediction
- Draper originally predicted the price could hit $250,000 by 2022, which did not materialize due to a market downturn.
- He cites strong market drivers today, suggesting optimism around Bitcoin's future growth.
- Draper posits that the US dollar may become obsolete within ten years as Bitcoin gains prominence.
Bitcoin might go infinite against the dollar.
On the heels of the recent surge, I’m still expecting Bitcoin to reach $250,000 this year.
But the main factors pushing it forward right now are:
→ General optimism… pic.twitter.com/EiD36iYbRy
— Tim Draper (@TimDraper) June 4, 2025
Political and Regulatory Factors
- Draper highlights political influences, including President Trump’s initiatives on trade.
- The Media & Technology Group filed for a Truth Social Bitcoin ETF to attract mainstream investment.
- The US Senate advanced the GENIUS Act to regulate stablecoins.
Institutional Adoption
- JP Morgan plans to allow clients to buy Bitcoin and use spot-BTC ETFs as collateral.
- Michael Saylor’s Strategy holds over 580,000 BTC, valued at approximately $61 billion.
- Draper notes these trends indicate Bitcoin is being viewed similarly to gold.
Technological Developments
- Draper emphasizes upgrades to Bitcoin technology, particularly Web3 applications and Layer 2 solutions.
- The Lightning Network enhances transaction speed and cost-efficiency for Bitcoin payments.
Image credits: Featured image from Imagen, chart from TradingView.