Bitcoin will rise to $250,000 by 2022, says Tim Draper
Published: Apr 13, 2018 9:12 a.m. ET
‘They’re going to think you’re crazy’
By
AaronHankin
Reporter
The recent rally in bitcoin came at an opportune time for Silicon Valley-based venture-capital firm Draper Associates, which last night announced its much anticipated prediction for the No. 1 digital currency.
Speaking to a crowd of tech enthusiasts outside Draper University, Tim Draper, founder and managing partner of Draper Associates and Draper University said bitcoin
BTCUSD, +0.10% would reach $250,000 by 2022.
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I hope they are not reading the chart upside down.
the highs are getting lower and lower, and there is descending triangle formation.
It reminded me of those days during financial crisis / recession. Price kept going down and people kept on buying thinking how cheap it was.
Anyway question you have to ask youself is :
Are you going to click BUY button first then SELL button later,
or SELL button first then BUY botton later?
If you get the sequence wrong, you wouldn't earn money.
