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Silicon Valley venture capitalist Tim Draper calls for Bitcoin to reach $250,000 by the end of 2025. He shared this on X, renewing his first prediction in 2018, when he turned his attention to his 2022 goal.
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At the time, the cryptocurrency market fell sharply in 2022, partly due to the collapse of FTX – a timeline slipping. Still, Draper believes that today’s drivers are strong enough to increase the price. He even suggested that the dollar could disappear within a decade as Bitcoin replaces it.
Tim Draper’s bold timeline
According to Draper, the $250,000 goal is not just wishful thinking. He said in 2018 that Bitcoin will reach that level by 2022. This hasn’t happened – in 2022, the value of many digital assets is falling. However, this year, he repeated his predictions after the “recent surge” of cryptocurrencies.
Bitcoin may be unlimited against the US dollar.
After the recent surge, I still expect Bitcoin to reach $250,000 this year.
Who knows whether Bitcoin will continue to grow rapidly.
But the main factors that are driving it now are:
→Generally optimistic… pic.twitter.com/eid36iybry
– Tim Draper (@timdraper) June 4, 2025
He also claimed that Bitcoin could “violate the dollar against the dollar” and believed that the dollar would not exist within 10 years. His confident tone shows that he sticks to the same numbers – to $250,000 by December 31, 2025.
Political and regulatory drivers
According to the report, Draper pointed out politics as a large catalyst. He highlighted the actions of U.S. President Donald Trump, who is studying the new trade deal. One sign of this driving force is the file submitted by the Media & Technology Group to the Truth Social Bitcoin ETF on June 5, 2025.
The application will head to NYSE ARCA, with Crypto.com lined up as a custodian with the aim of bringing more mainstream funds into Bitcoin. On the regulatory side, the U.S. Senate voted 66-32 on May 19 to advance the Genius Act, which will set rules for stable people.
In addition, the 2025 Digital Asset Market Clarity Act is under debate. It has bipartisan support and aims to articulate clear rules for cryptocurrencies.
Financial institutions and adoption
Draper also saw banks and large companies intervene. He mentioned that JP Morgan plans to get customers to buy Bitcoin and use Spot-BTC ETFs, such as BlackRock’s IBIT, as collateral. This transformation can open the door to a large amount of institutional cash.
Meanwhile, Michael Saylor’s strategy is ahead of 580,000 BTC, according to data from Bitcoin’s treasury. At current prices, the storage rate is about $61 billion. Draper believes that these moves point out that people treat Bitcoin more like gold than dangerous tokens.
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Technology advances in Bitcoin
In his opinion, technology upgrades are also important to Bitcoin. He talked about the Bitcoin-based Web3 application and said, “The Layer 2 solution gives Bitcoin the flexibility of Ethereum.” Currently, the Lightning Network processes many bitcoin transactions, making payments faster and cheaper.
Featured images from Imagen, charts from TradingView
