At the pace of the past couple days, it won't take long

Bitcoin gained 10% yesterday and followed up with a 5% gain today in a nice rebound to $8130 after falling as low as $6590 last week.

The pair appears to traced out a bottom at those levels and jumped to the highest since March 27.

Venture capitalist Tim Draper has made more than $200 million betting on Bitcoin and in comments yesterday said he is only getting started.

He bought 30,000 silk road Bitcoins at just over $500 in 2014 and has been unwavering in his bullishness.

At a tech event yesterday he said Bitcoin will hit $250,000 in four years and he had the props to match.

"Believe it. It's going to happen, they going to think you're crazy. It's gonna be awesome," Draper told the onlookers.

Draper is a 3rd generation venture capitalist who's father was an early investor in Skype.