175: Tim Draper Says $250K Bitcoin Price Forecast 'Still' On Track! | Bullish BTC Signal Flashes Again

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

English - April 04, 2020 13:36 - 14 minutes - 7.2 MB - ★★★★ - 537 ratings
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Bitcoin price topped $10,000 in February before dropping below $4,000 last month as investors and the financial markets reacted to the coronavirus pandemic. Despite the plunge and ongoing macro economic turmoil, billionaire investor Tim Draper remains bullish on the BTC price.

In an interview with Chinese news outlet Bitpush, Draper, who runs venture capital firm Draper Fisher Jurvetson, warns that prolonged isolation due to widespread lockdowns threatens to aggravate the disease-induced financial crisis. He also shares his thoughts on the projected V-shaped economic recovery, which would see the United States making a quick rebound from its current slump.