Macro investor and fund manager Dan Tapiero says Bitcoin (BTC) reaching $200,000 in 2025 is viable.
In a new thread, Tapiero tells his 123,500 followers on social media platform
According to Tapiero, the Federal Reserve is too focused on inflation and interest rates in the United States remain too high.
“Danger in China. Do people understand? The second largest economy in [the] The world is DEFLATING now.
The Fed’s concerns about inflation are misguided. Interest rates [are] still too high in [the] United States and now fiscal policy will tighten and the dollar will strengthen. Liquidity comes to drive… Bitcoin. $200,000 next year [is] realizable.”
Tapiero, founder of crypto venture capital firm 10T Holdings, says the total digital asset market capitalization will move towards $10 trillion at some point in this cycle.
“In mid-2019, I thought [the total market cap of crypto] could reach 10 billion dollars. Hence the name of the fund.
Many Bitcoiners claimed that I was too conservative. They have been right.
The total market capitalization of cryptocurrencies will challenge $10 trillion in this cycle. “Unique asset in the history of value and finance.”
In a recent post, bestselling financial author Robert Kiyosaki predicts that the king of cryptocurrencies could reach even greater heights in 2025 and that its design allows newcomers to make money too.
“The beauty of Bitcoin’s design is [that] It’s never too late to start, no matter how high the price of Bitcoin rises. Bitcoin is designed to make everyone rich, even those who start late. Just don’t be greedy…Bitcoin at $350,000 by 2025.”
Bitcoin is trading at $97,082 at the time of writing, down a fraction on the day.
Image generated: Halfway through the trip
