$100,000 Bitcoin Price Incoming, Predicts Macro Guru Dan Tapiero – Here’s the Timeline – The Daily Hodl


Macro guru and fund manager Dan Tapiero is optimistic that Bitcoin (BTC) will potentially hit a six-figure price.

In a new interview with Natalie Brunell, Tapiero says that “we’ll see Bitcoin over $100,000” in the next bull run.

A surge to $100,000 would translate to a gain of at least 167% from the current level.

According to Tapiero a price of $100,000 per Bitcoin is a “pretty conservative estimate” and the flagship crypto asset could rally higher over the next half a decade.

“My target for when I first started looking at this deeply in 2019 was always around $250,000 to $350,000 on Bitcoin. That was just a number that was to me a reasonable number to get to by 2029. So in 2019, that was sort of my thought by the end of the decade. That’s a reasonable number to get to.”

Bitcoin is trading at $37,459 at time of writing.

On when Bitcoin could reach a price of $1 million as ARK Invest CEO Cathie Wood has previously predicted, Tapiero says,

“I think Cathie has come out and said… did she say a $1 million [Bitcoin price target]? And I can get to those numbers too… But that might be, maybe it’s 2035 or 2038. I mean, I don’t know. Or it could be earlier.”

On Bitcoin’s mainstream adoption as a store of value, Tapiero says,

“There are a lot of assets like real estate people invest in often as a store of value. You know, art, paintings, stores of value.

I mean Bitcoin could really take a chunk of that store of value capital that’s out there. People own equity also because it’s a hedge against inflation.

So, if you think of all the assets that people own just because they want to keep up with inflation, you could have a big chunk of that go to Bitcoin. I just don’t think it happens that quickly.”


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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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