MultiversX Tracker is Live!

Dan Tapiero says Bitcoin’s bull run is still on, but a 70% downturn could follow

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 99 Views

Speaking with Cointelegraph, 10T Holdings founder Dan Tapiero explained why Bitcoin’s fundamentals remain strong even as a 70% downturn looms in the next bear phase.

Macro investor Dan Tapiero remains convinced that Bitcoin (BTC) is on track to reach $180,000 as part of its current bull cycle, but warned that a major correction could follow once the rally peaks.

Despite recent risk-off sentiment and heavy selling from long-term “OG whales,” Tapiero insisted the bull market remains intact. “I think the macro backdrop is still positive,” he said in an interview with Cointelegraph. 

According to Tapiero, the latest all-time high didn’t fully reflect the “fundamental improvements” in Bitcoin’s ecosystem or the increasingly favorable macro environment supporting digital assets. 

Read more


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments