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Tim Draper Predicts #Bitcoin to Triple in Value by 2024, Citing ETFs and Halving Event as Key Drivers
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linkTim Draper Predicts Bitcoin to Triple in Value by 2024, Citing ETFs and Halving Event as Key Drivers
Tim Draper, a prominent venture capitalist, predicts a significant increase in Bitcoin’s value in 2024, driven by several key factors including spot exchange-traded funds (ETFs) and the upcoming Bitcoin halving event. During the Paris Blockchain Week, Draper spoke to Cointelegraph about his optimistic forecast for the cryptocurrency, suggesting a potential rise to $250,000 by year-end. “If I had to predict, maybe we could see $250,000 by the end of the year; I mean, it’s looking pretty good,” he remarked, reflecting on his earlier 2022 price prediction. The introduction of spot Bitcoin ETFs in the United States has significantly rejuvenated interest