Billionaire investor Tim Draper remains resolutely bullish on Bitcoin, suggesting that the world’s leading cryptocurrency could eventually “go infinite” against the U.S. dollar.
Citing mounting institutional momentum and expanding real-world utility, Draper reaffirmed his longstanding price target of $250,000 for BTC by the end of 2025.
Bullish Drivers Behind the Surge
Draper highlighted several tailwinds propelling Bitcoin’s upward trajectory:
- Renewed market optimism, particularly as President Trump navigates new trade agreements
- Regulatory clarity on the horizon, with long-awaited crypto frameworks now in motion
- Expanding Bitcoin use cases, as developers roll out Web3 applications directly on the Bitcoin blockchain
Banks, once reluctant, are now joining the movement. Draper noted that even JPMorgan, historically critical of crypto, is preparing to offer Bitcoin services to clients. This marks a significant step toward mainstream adoption.
Store of Value Status Strengthens
Draper emphasized Bitcoin’s growing recognition as a low-risk, long-term store of value, especially in comparison to more volatile altcoins and traditional equities. “People believe in it,” he stated, suggesting Bitcoin’s trust factor is solidifying its monetary role.
Adding to that, Layer 2 solutions are enabling faster and cheaper transactions, effectively giving Bitcoin the smart contract flexibility of Ethereum while retaining its rock-solid foundation.
Final Thoughts
While Draper admits it’s uncertain how quickly Bitcoin will continue to climb, he believes “the smart money sees what comes next.” Institutional adoption, technical innovation, and political tailwinds are converging to push Bitcoin into uncharted territory — and potentially toward a price that dwarfs its fiat counterpart.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/tim-draper-bitcoin-could-go-infinite-against-the-dollar-250k-in-sight/