Billionaire venture capitalist Tim Draper believes Bitcoin is hurtling toward a staggering $250,000 Bitcoin price tag. In a new exchange with the Observer, Draper says the king crypto (BTC) is at the start of a parabolic rally that will see Bitcoin generate gains of more than 900% in less than two years. Even if Bitcoin fails to go on a meteoric ascent by June this year, Draper says that the timeline could be extended to the end of next year. “I am almost 100 percent sure I will be right in 18 months.” Learn more about your ad choices. Visit megaphone.fm/adchoices