- Billionaire Tim Draper again predicts Bitcoin will rise to $250,000.
- In his opinion, this will happen in the next 18 months.
As soon as Bitcoin’s price rose above $75,000, optimistic forecasts of further price growth immediately began to emerge. The day before, Bitwise’s management published a new research note in which the company’s analysts asserted that bitcoin price $1 million is more of a baseline than an upper limit.
The billionaire investor also got involved. Tim Draper, which again said that Bitcoin could reach $250,000 within 18 months, despite numerous previous failed attempts. He cited macroeconomic pressure on the US dollar and growing real-world adoption of Bitcoin as key factors.
At the time of writing the article Bitcoin was trading around $74,300, down about 40% from its all-time high of just over $126,000 set in October 2025.
Draper’s target is more than tripling from current levels, and within a short timeframe.
Interestingly, Draper’s first attempt to buy Bitcoin at $4 failed due to delays from mining equipment supplier Butterfly Labs. Once the equipment was ready, Bitcoin has already exceeded the $30 mark.
He later lost all his coins during the Mt. Gox crash in 2014, but this setback didn’t discourage Tim Draper from acquiring Bitcoin. He bought nearly 30,000 BTC at $632 per coin at a US Marshals Service auction, spending approximately $19 million. He purchased all nine available lots, paying above the market price at the time.
In 2014, Draper predicted that Bitcoin He would reach $10,000 within three years. The goal was achieved precisely in 2017. However, his forecast of reaching $250,000 was postponed several times, with the first target being early 2025.
The latest forecast sets a timeframe of 18 months, suggesting that the potential price increase will occur at the end of 2027.
Draper is looking at Bitcoin as a means of protecting against the decline in the value of fiat currency. In his opinion, inflation and the continued weakening of the US dollar will lead to a flow of capital into Bitcoin.
The billionaire expects that Bitcoin will become the primary means of payment, replacing traditional currency in retail trade. In this case, the price of BTC could rise to $1 million.
I decided to check what traders are predicting polymarket by the price of Bitcoin by the end of 2026. According to the forecast data “What price will Bitcoin hit in 2026?”The platform’s users are less optimistic than Draper.
Bitcoin Only 10% of traders expect BTC to reach $150,000 by the end of the year, while 75% do not believe that BTC will be worth more than $80,000 by the end of the year.
Data polymarket
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