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Tim Draper Still Believes Bitcoin May Hit $250,000

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BINANCE:BTCUSD   Bitcoin
American investor Tim Draper is still convinced that the price of Bitcoin will eventually reach $250,000.

During a recent interview with well-known cryptocurrency trader Scott Melker, he predicted that more women would start using Bitcoin. This would significantly expand the cryptocurrency’s userbase.

“All of a sudden, all the women will have Bitcoin wallets, and they will be buying things with Bitcoin,” Draper predicted.

Considering that roughly 51% of wealth is controlled by women in the U.S., it’s not far-fetched to predict that they could push the price of Bitcoin significantly higher.
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