# Tim Draper: Bitcoin to $250,000 by Jun 30, 2023 Updated Sep 29, 2026 · Web page: https://predictionverifier.com/predictions/tim-draper-bitcoin-250k-by-2023/ Tim Draper's prediction that Bitcoin would reach $250,000 by June 30, 2023 did not come true. Bitcoin's best close before the deadline was $30,708 on June 23, 2023, 88% below the target. Tim Draper made the call on CNBC on December 5, 2022, when Bitcoin was at $17,109. The target needed a 1,361% rise in seven months. | Field | Value | |---|---| | Status | Missed | | Person | [Tim Draper](https://predictionverifier.com/people/tim-draper/) | | Asset | [Bitcoin (BTC)](https://predictionverifier.com/assets/bitcoin/) | | Outlet | CNBC | | Said on | Dec 5, 2022 | | Quote | “I have extended my prediction by six months. $250k is still my number” | | Price when said → target | $17,109 → $250,000 | | Change | +1,361% from the price when said | | Deadline | Jun 30, 2023 | | Deciding close | Best close before the deadline: $30,708 (Jun 23, 2023) | | Source | [CNBC](https://www.cnbc.com/2022/12/05/tim-draper-predicts-bitcoin-will-reach-250000-despite-ftx-collapse.html) | | Archive | [Archive](https://web.archive.org/web/20260210115451/https://www.cnbc.com/2022/12/05/tim-draper-predicts-bitcoin-will-reach-250000-despite-ftx-collapse.html) | | How we check | [How we check predictions](https://predictionverifier.com/how-we-check-predictions/#touch) | | Public ID | #d2906 | ## What was said [Tim Draper](https://predictionverifier.com/people/tim-draper/) · Founder and Managing Partner, Draper Associates · 6 predictions · 3 missed · 3 open CNBC, Dec 5, 2022 · [Source](https://www.cnbc.com/2022/12/05/tim-draper-predicts-bitcoin-will-reach-250000-despite-ftx-collapse.html) · [Archive](https://web.archive.org/web/20260210115451/https://www.cnbc.com/2022/12/05/tim-draper-predicts-bitcoin-will-reach-250000-despite-ftx-collapse.html) > I have extended my prediction by six months. $250k is still my number Draper argued that women are a large untapped group of bitcoin buyers, noting they control most retail spending but hold few bitcoin wallets. He said retailers would save about 2% per purchase made in bitcoin rather than dollars, and criticised centrally managed fiat money. He expected a flight to quality toward decentralized crypto like bitcoin, and the article reports he also cited the 2024 halving as limiting supply. ## How we checked this The prediction comes true if any daily close from Dec 5, 2022 to Jun 30, 2023, inclusive, is at or above $250,000. Prices are daily closes in UTC, not intraday highs. - Price when said: $17,109 (Dec 4, 2022) · [price data](https://exchange.coinbase.com/trade/BTC-USD) - Deciding close: $30,708 (Jun 23, 2023) · [price data](https://exchange.coinbase.com/trade/BTC-USD) [How we check predictions](https://predictionverifier.com/how-we-check-predictions/) ## Related ### Revised later - [Tim Draper: Bitcoin to $250,000 by Dec 31, 2025](https://predictionverifier.com/predictions/tim-draper-bitcoin-250k-by-2025/) · Missed · $102,800 → $250,000 · Deadline Dec 31, 2025 · #5fff1 “Draper reiterated his prediction that bitcoin will rise to $250,000 by the end of 2025, and that after a decade it will be “infinity against the dollar because there won’t be a dollar.”” ## More from Tim Draper - [Tim Draper: Bitcoin to $250,000 by Jul 4, 2027](https://predictionverifier.com/predictions/tim-draper-bitcoin-250k-by-july-2027/) · Open · $62,520 → $250,000 · Deadline Jul 4, 2027 · #27561 ““It just wasn’t me. I haven’t touched it. Arkham has it wrong,” Draper told Cointelegraph, adding that he still expects Bitcoin to reach $250,000 within one year.” - [Tim Draper: Bitcoin to $250,000 by Oct 14, 2027](https://predictionverifier.com/predictions/tim-draper-bitcoin-250k-by-october-2027/) · Open · $74,446 → $250,000 · Deadline Oct 14, 2027 · #60478 “I have reason to believe that bitcoin will reach $250K in 18 months … eventually I expect the number to be higher as bitcoin rises and the dollar falls to inflationary pressures.” - [Tim Draper: Bitcoin to $250,000 by Dec 31, 2026](https://predictionverifier.com/predictions/tim-draper-bitcoin-250k-by-2026/) · Open · $93,722 → $250,000 · Deadline Dec 31, 2026 · #52073 “2026 será grande. Bitcoin se vuelve convencional. Mi predicción de $250K finalmente alcanzada.” - [Tim Draper: Bitcoin to $250,000 by Dec 31, 2022](https://predictionverifier.com/predictions/tim-draper-bitcoin-250k-by-2022/) · Missed · $7,916 → $250,000 · Deadline Dec 31, 2022 · #d4ba9 “Oops! I predicted $250k in 2022. My tweet last night was missing a zero. $250k is the number!” ## Other Bitcoin predictions - [Brian Armstrong: Bitcoin to $400,000 by Dec 31, 2030](https://predictionverifier.com/predictions/brian-armstrong-bitcoin-400k-by-2030/) · Open · $78,284 → $400,000 · Deadline Dec 31, 2030 · #bcf13 “Coinbase chief executive Brian Armstrong still expects Bitcoin to reach $400,000 by 2030, he told CNBC Squawk Box Asia on Thursday, calling it a "reasonable target" even as BTC currently trades around $77,000.” - [Arthur Hayes: Bitcoin at or above $500,000 on Dec 31, 2026](https://predictionverifier.com/predictions/arthur-hayes-bitcoin-500k-by-2026/) · Open · $76,349 → $500,000 · Deadline Dec 31, 2026 · #a5999 “Adding to the bullish sentiment, BitMEX co-founder Arthur Hayes has set an end-of-year Bitcoin price target of $500,000 and a $200 target for HYPE, in an exclusive interview with Coinpedia, while reaffirming that the majority of his personal wealth remains stored in Bitcoin.” - [Geoff Kendrick: Bitcoin to $500,000 by Dec 31, 2030](https://predictionverifier.com/predictions/geoff-kendrick-bitcoin-500k-by-2030/) · Open · $90,654 → $500,000 · Deadline Dec 31, 2030 · #bbcaf “Geoff Kendrick, the firm's global head of digital assets research, said he now expects the $500,000 level to be met in 2030, two years later than previously forecast.” - [Tom Lee: Bitcoin to $300,000 by Dec 31, 2026](https://predictionverifier.com/predictions/tom-lee-bitcoin-300k-by-2026/) · Open · $93,454 → $300,000 · Deadline Dec 31, 2026 · #891a1 “He added that BTC will mirror the performance of the S&P 500 US stock index next year and predicted a price high of $300,000.” - [Robert Kiyosaki: Bitcoin to $250,000 by Dec 31, 2026](https://predictionverifier.com/predictions/robert-kiyosaki-bitcoin-250k-by-2026/) · Open · $102,286 → $250,000 · Deadline Dec 31, 2026 · #6f9f1 “My target price for Bitcoin is $250 k in 2026.” ## More on this prediction - [Tim Draper's price predictions](https://predictionverifier.com/people/tim-draper/) - [Bitcoin price predictions](https://predictionverifier.com/assets/bitcoin/) - [Bitcoin price predictions for 2023](https://predictionverifier.com/assets/bitcoin/2023/) - [2023 price predictions](https://predictionverifier.com/years/2023/) Found a mistake on this page? 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