Bitcoin’s impressive rally continues to amaze investors as the price reaches $9,530 to set a third daily higher high this week. Earlier today, the price dropped slightly below $9,200 but the pullback stopped right at the Jan.

Billionaire Tim Draper has once again opined that the BTC price could reach $250,000 in 2022 or at the beginning of 2023. He predicts that the orange coin could become "the currency of choice" by that time. He said, it's still hard to move around Bitcoin today, which is why it struggles with adoption. However, once it becomes scalable enough, there will be a clear choice between paying credit card fees or using a "frictionless, open, transparent, global alternative, which is not tied to any political force.