Billionaire venture capitalist and serial crypto investor Tim Draper is not giving up on his near-term Bitcoin prediction despite the recent issues in the cryptocurrency industry.

Draper continues to stick with his optimistic prediction that Bitcoin (BTC) will hit $250,000 in 2023 despite the ongoing crypto crisis fueled by FTX.

“No change in the price prediction. Still $250,000 by early next year,” Draper stated in an interview with Cointelegraph on Nov. 15.

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