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▲ Tim Draper/Source: Twitter ©CoinReaders
Billionaire venture capitalist Tim Draper has once again predicted that Bitcoin (BTC) will soar to $250,000 within the next two years. With Bitcoin currently around $85,000 needing to triple by the end of 2028, artificial intelligence (AI) has been identified as a new catalyst to accelerate its mainstream adoption this time.
According to the investment media outlet The Motley Fool on September 22 (local time), Silicon Valley venture investor Draper predicted that Bitcoin would reach $250,000 by the end of 2028. He has been presenting the same target price for nearly five years, and the core basis of his forecast was the expectation that Bitcoin's adoption rate would significantly increase. Bitcoin is currently around $85,185, meaning it needs to rise to approximately three times its current price over the next 24 months to reach $250,000.
Draper has long anticipated that Bitcoin's price would surge if it expanded beyond an investment asset to become an everyday means of payment. Examples include retailers accepting Bitcoin instead of dollars as payment, and cryptocurrency investors using BTC to purchase homes, cars, and high-value goods. Demographic changes, such as the increased use of digital assets by younger generations and the growing participation of female investors in the market, have also been presented as factors accelerating Bitcoin adoption. The forecast that blockchain and smart contracts will replace existing financial intermediary functions, thereby lowering costs and increasing efficiency, is along the same lines.
However, until now, this mass adoption scenario has not materialized as quickly as expected. The media pointed out that while Bitcoin has entered the mainstream market as an investment asset, its use as an everyday means of commerce remains limited. In fact, the closest Bitcoin came to $250,000 was in October 2025, when its price was approximately $126,000, about half of the target.
The newly emerging variable in this forecast is AI. Draper believes that AI could accelerate the emergence of new products and services in the Bitcoin blockchain ecosystem, or create an environment where AI agents transact with each other using Bitcoin. However, The Motley Fool assessed that it is uncertain whether AI will actually be the catalyst to push BTC's price to $250,000. It explained that given AI is overly broadly discussed as a solution for various industries, it is necessary to cautiously consider whether it will have the same effect in the cryptocurrency market.
Policy uncertainty was also cited as an obstacle to the $250,000 forecast. The media assessed that with the U.S. cryptocurrency market structure bill, the Clarity Act, indefinitely postponed, it is difficult to find a clear path for Bitcoin to reach $250,000 within the next 24 months. While maintaining a positive outlook for Bitcoin in the long term, the analysis suggests that to reach Draper's predicted price, widespread adoption as an investment asset must be supported by an expansion into actual usage areas such as payments and commerce.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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