Investor and venture capitalist Da Tapiero says that Bitcoin (BTC) rallies are around the corner in the midst of what he thinks is a coordination of different bullish macro factors.
With reference to a recession indicator of the market analysis company Bravos Research, Tapiero says that the Federal Reserve will probably add new liquidity and lower interest rates to stimulate the economy.
According to the investor, the individual monetary environment will activate new Bitcoin meetings.
“Improper recession that is given is room to lower the interest rates – 400 basic points possible up to 0 if necessary …
But this indicator has never been higher and a recession did not follow.
The growth slows clearly, guaranteed by tax tightening.
Rates must fall. Liquidity required.
BTC. “
According to Tatiero, the stock market is 10% off or so before the Federal Reserve cut Rates “regardless of accidental data.”
In a recent interview with Crypto Personality Scott Melker, Tapiero predicted a price tag of $ 180,000 for Bitcoin.
When Bitcoin could reach the enormous price target, says Tapiero,
“I know some people have been more aggressive, but I think this bull phase, we can touch that [$180,000] This year or possibly early next year. But I think more this year …
So it’s just the way in which markets work, anyway – you have 85% or 90% bull at $ 100,000 and now you are on, where is it? 15%? And people are despondent, they think the world is over, and yet it is at $ 80,000, which is still, you know, 2x, 3x of 18 months ago. It is beautiful, quite incredible. “
At the time of writing, Bitcoin is worth $ 82,924.
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