Breaking news in the crypto world! Investor and venture capitalist Dan Tapiero thinks Bitcoin (BTC) is about to go on another wild ride 🎢. He’s predicting rallies galore thanks to some promising macro factors.
According to Bravos Research’s recession probability indicator, Tapiero believes the Federal Reserve will soon shower us with new liquidity and lower interest rates to boost the economy 🎉.
And guess who benefits from this loose monetary environment? That’s right, our beloved Bitcoin! 🚀💰
“Unlikely recession coming given Fed has room to cut interest rates – 400 basis points possible to 0 if needed… But this indicator has never been higher and a recession not followed. Slowing growth ahead clear, guaranteed by fiscal tightening. Rates must drop. Liquidity needed. BTC.”
Tapiero thinks the stock market might take a little dip of about 10% before the Fed decides to cut rates, “regardless of coincidental data.” 📉
In a recent chat with crypto guru Scott Melker, Tapiero dropped a bombshell prediction: Bitcoin could hit $180,000! 💰💰💰
When asked when this might happen, Tapiero said, “I know some people have been more aggressive but I think this bull phase, we can hit that [$180,000] this year or potentially early next year. But I’m thinking more this year… So it’s just the way markets work, right – you got 85% or 90% bulls up at $100,000 and now you’re down at, what is it? 15%? And people are despondent, they think the world is over, and yet it’s at $80,000, which is still up, you know, 2x, 3x from 18 months ago. It’s pretty, pretty incredible.”
As of right now, Bitcoin is trading at $82,924. Who knows where it’ll go next? 🤷♂️
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2025-03-30 17:42