Venture capitalist Tim Draper is not giving up and still thinks that Bitcoin will hit new highs in the coming years. TheStreet recently interviewed Draper in California at the Crypto-Finance-Conference. He said that he expects BTC to trade at around $250,000 by 2022, a target that he first revealed in June of this year. However, since then, Bitcoin’s price hasn’t recovered, trading around 60% down from its YTD high. Still, Draper looks confident that a long-term bullish trend will come soon. Moreover, he recommended investors not to be scared by new bottoms but rather jump in when the price d...
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