Renowned venture capitalist Tim Draper has made another bold Bitcoin price prediction, forecasting that the cryptocurrency will quadruple in value in less than two years, targeting 2028. Draper, an early investor in companies like Skype, SpaceX, and Tesla, stated on X (formerly Twitter), "Bitcoin 4x in less than 2 years from here." He expressed such confidence in this forecast that he publicly offered to make a bet on the prediction market platform Polymarket against anyone who disagrees.
Draper's prediction history shows a pattern of escalating targets. Just one month prior, on January 19, he predicted Bitcoin would reach a staggering $10,000,000 per coin as a long-term target. In early January, his forecast was for BTC to hit $250,000 in 2026. This latest call for a 4x surge from the current price represents a significant acceleration of his timeline. Draper has been a long-term Bitcoin bull, consistently predicting a $250,000 price point "over the next 2-4 years" since 2020.
Separately, cypherpunk legend and Blockstream CEO Adam Back, who was referenced in the original Bitcoin whitepaper by Satoshi Nakamoto, made a foundational statement about Bitcoin's role. Back declared that "the future of finance runs on Bitcoin," promoting his company's Bitcoin Liquid network as a key scalability solution for this vision. He advocates for sidechain solutions like Liquid to improve Bitcoin's utility for payments without altering its base layer.
Other prominent figures echo the ultra-bullish sentiment. Venture investor Anthony Pompliano stated that "if bitcoin doesn’t go to zero, it’s going to $1 million at some point." MicroStrategy's Michael Saylor has mentioned a ten-year horizon for Bitcoin to surpass $1,000,000, while JAN3 CEO Samson Mow expects the $1 million threshold to be reached "very soon," or at least for Bitcoin to print a powerful "Omega candle" that could push the price toward $250,000 or $500,000.
These optimistic proclamations come as Bitcoin trades at approximately $66,880, a significant drop from its all-time high of $126,000 reached in October 2025. Michael Saylor has characterized the current market phase as a "crypto winter," though he anticipates it will be shorter than previous cycles.
