Significant price correction by Bitcoin resulted in several new forecasts for the coming years, with the latest results from the investment giant Tim Draper, who forecasted as much as 250 thousand dollars until 2022 during the speech


Speaking at the Blockchain event organized by his own Draper University in San Mateo, California, the famous Bitcoin expert and high-risk investor told the public to “believe” that the sky-high forecasts would come true.

“I think that by 2022, 250,000 dollars for Bitcoin is a real price,” he said, peering into what he described as a “crystal ball” and continuing:

“Believe me, it will happen – they will think you are crazy, but believe it, it happens, it will be amazing!”

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While the audience seemed to react without enthusiasm, Draper’s words could still be seen in the BTC markets. In 2014, when the price was lower than 320 dollars for Bitcoin, the investor correctly predicted that in 2017 the price will exceed 10,000 dollars.

Draper’s son, Adam, also a high-risk investor, called him a “legend” for public appearance with the price of 250,000 dollars per unit.

This week, there was also a price forecast from co-founder Fundstrat Global Advisors, Tom Lee, who said on Thursday that he was “convinced” that Bitcoin would reach $ 25,000 before the end of the year, which he predicted earlier. Tom Lee’s predictions have not failed so far.