ShapeShift CEO Erik Voorhees expects Bitcoin to reach $40,000 by the summer, while Tim Draper has stood by his $250,000 BTC prediction for the second year running.

Erik Voorhees, founder and CEO of crypto exchange ShapeShift, was optimistic about a potential recovery of the Bitcoin price during an interview with Bankless on Jan. 2, stating he “wouldn’t be surprised” if Bitcoin hit “like $40K” by the “summer.”

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