Bitcoin News Today – September 16

Bitcoin
  • Tim Draper reaffirms his Bitcoin price prediction of $250k by 2022
  • Bitcoin (BTC) Would Grab 5% of the Entire Global Currency Market – Tim Draper
  • The Fundamentals of Bitcoin (BTC) Are Getting Better – Pompliano

Bitcoin News Today – Bitcoin (BTC) has had a lot of fans, as well as critics, since its emergence. However, the digital currency has refused to back down despite all the criticisms around it. There are many bullish BTC enthusiasts out there, and one of the most Tim Draper. Tim Draper is a very popular Bitcoin proponent. He has released several Bitcoin price predictions over the past years. Draper earlier gave a Bitcoin price prediction of $250k. He said that he believes the price of Bitcoin (BTC) will hit that level by 2022. However, Draper recently came out to say that his Bitcoin price prediction of $250k by 2022 could be ‘understating the power of Bitcoin.’

Bitcoin (BTC) Price Today – BTC / USD

#NamePrice24H %
1
bitcoin
Bitcoin(BTC)
$8,170.84
-2.06%

Does Tim Draper Agree with McAfee’s Bitcoin Price Prediction of $1 Million?

In a recent interview, Draper confirmed his earlier prediction that the price of Bitcoin (BTC) would hit $250k by 2022. The famous Bitcoin (BTC) bull also said that this is actually a conservative statement. Draper is still very much positive that BTC to USD price can hit that level in the next three years.

Bitcoin News Today – Draper reaffirmed his belief and faith in Bitcoin during an interview with BlockTV. With this amount, the prediction of Draper is much lower than that of John McAfee – a digital currency mogul. According to John McAfee, the price of Bitcoin (BTC) would hit $1 million exactly on Dec. 31, 2021. McAfee has put a lot at stake on this one, so he is expected to be serious.

Bitcoin (BTC) Would Grab 5% of the Entire Global Currency Market – Tim Draper

Bitcoin News Today – Draper said that for Bitcoin (BTC) to hit $250k by 2022, it must have 5% of the entire global currency market. He said that could only happen if one underestimates the power of Bitcoin (BTC), hence assuming that its price could surge much higher. Perhaps he believes that the price of Bitcoin (BTC) may come closer to the massive Bitcoin price prediction of John McAfee.

The Fundamentals of Bitcoin (BTC) Are Getting Better – Pompliano

Anthony Pompliano is another famous, bullish Bitcoin proponent. Recently, he tweeted that the fundamentals of Bitcoin (BTC) are getting stronger. There were a couple of arguments in the comment section. There was an argument between those who believe that Pompliano meant the rise in the hash rate of Bitcoin since 2017 when BTC tested its all-time high. Other argued that the hash rate of Bitcoin does not matter much when it comes to price moves.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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