Macro Investor and Fund Manager Dan Tapiero have identified potential catalysts that can facilitate the comeback of Bitcoin (BTC) and Crypto.
In a new interview on The Milk Road YouTube channel, Tapiero says that monetary policy needs to adjust before digital assets truly take off.
Tapiero said Fed Chairman Jerome Powell is now “controlling” policy changes, but if he acts, macro investors believe Bitcoin and the broader crypto market will skyrocket.
“(Finance tightening) needs to be offset by some kind of financial offset to keep things balanced (and therefore) the economy is not too aggressive (and) the liquidity (and) of the drivers on the demand side is not in demand. Now that’s not.
Ideally, someone who should have gone to the perfect world (Treasury Secretary) Bescent and Trump, or Jay Powell, said, “Hey, we’re going to implement the biggest financial tightening of the last 50 years.
But Powell is really holding back here for some reason. For the next few months, I think data will make sure he needs to move, and that will help the entire ecosystem of bitcoin and digital assets.
According to Tapiero, relying on liquidity from traditional finances can raise nearly $200,000 if his conditions are met, no matter how strong Bitcoin and Decentralized Finance (DEFI) appear.
“Regardless of the great fundamentals associated with Bitcoin, regardless of the great fundamentals associated with some of the other projects or spatial activities, the growth of defi, stablecoins, unfungible tokens (nfts) may come back a bit. Time.”
BTC is trading at $103,159 at the time of writing, and has risen slightly that day.
https://www.youtube.com/watch?v=ul-_jydsmxg
Generated Image: Midjourney
