1152: ShapeShift CEO Predicts 2.5X Bitcoin Spike By Summer While BTC Billionaire Renews $250K Prediction!

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."

Learn more about your ad choices. Visit megaphone.fm/adchoices