[Tim Draper: Denies Moving Bitcoin Assets, Reaffirms $250,000 Target Within a Year] According to Cointelegraph, billionaire Tim Draper has denied recent on-chain rumors about transferring a large amount of Bitcoin, stating that he has not moved any BTC assets. He also reaffirmed his target price of $250,000 for Bitcoin within a year. Records show that Tim Draper purchased nearly 30,000 BTC in 2014 for approximately $18.7 million, with an average price of about $632 per Bitcoin. Those holdings are now worth approximately $1.9 billion.