Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Coinpedia Fintech News on April 01, 2023, 11:55:29 AM
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As a result of Bitcoin’s stellar performance in the first quarter of 2023, its early adopters were rewarded with a price increase of over 70%. Is this likely to trigger a bullish rally, possibly forming a new all-time high?
In 2018, well-known investor Tim Draper forecasted that the price of bitcoin would reach $250,000 by the year 2022.
On a recent podcast, Draper and Scott Melker discussed the latest iteration of Draper’s forecasting timeline.
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there's no way for bitcoin to hit $250k this year unless usa government accept bitcoin status as the U.S. dollar.