Tim Draper: Bitcoin will reach $250,000 by 2025, potentially increasing 'infinitely' against the dollar.

Bitcoin is preparing to break out as Tim Draper reaffirms his bold target of 250,000 dollars, citing the rapid adoption by institutions, regulatory clarity, and strong improvements in blockchain. Tim Draper reaffirms the Bitcoin target of $250,000 amid the rise of institutions and regulatory clarity. Venture capitalist Tim Draper reiterated his long-standing price target for bitcoin on social media platform X on June 4, once again stating that he expects the cryptocurrency to reach $250,000 by the end of this year. Draper, who has predicted this level for several years, maintains his stance amid a new market momentum. He wrote: Bitcoin can increase indefinitely against the dollar. After the recent price surge, I still expect Bitcoin to reach 250,000 dollars this year. "Will bitcoin continue to rise as quickly as that? Who knows," he added. Draper first made his prediction of 250,000 dollars in 2018 and has repeatedly reaffirmed this target despite the volatility in the cryptocurrency market. This famous venture capitalist explained that Bitcoin could "go to infinity" compared to the US dollar, describing a scenario where the value of Bitcoin will skyrocket as the purchasing power of the dollar drops to zero. In his latest speech, Draper cited several factors that he believes are driving the price increase of Bitcoin. Among them are trade agreements being pushed under President Donald Trump, the long-awaited implementation of regulatory frameworks, and the emergence of new Web3 applications utilizing the Bitcoin blockchain. He added that the integration of organizations is helping BTC to further penetrate into the mainstream financial infrastructure. JPMorgan, historically a skeptic of digital assets, is now preparing to offer bitcoin-related services. Draper also emphasized what he considers the increasing reliability of bitcoin as a trustworthy asset. He noted: Businesses are rushing in, bringing it into more mainstream trends. Bitcoin has extremely low risks compared to some other cryptocurrencies and stocks because people believe in it. It is gaining the title of a store of value. In addition, he also referenced the technical development process of the network, emphasizing how Layer 2 solutions provide the bitcoin functionalities traditionally associated with ethereum while still maintaining its core principles. Draper concluded that institutional investors and large corporations are increasingly viewing bitcoin as a hedge: not only against market risks but also against government monetary policies of excessive spending. Although skeptics continue to warn about the volatility of Bitcoin, Draper's outlook reflects a broader belief in the cryptocurrency space that its fixed supply and decentralized nature provide long-term resilience.