Bitcoin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/macro-investor-sees-early-bull-run-stages-for-cryptocurrencies/" data-wpel-link="internal">Macro Investor Sees Early Bull Run Stages for Cryptocurrencies</a> 
Macro investor and fund manager Dan Tapiero suggests that cryptocurrencies are in the early stages of a bull run and believes that a significant correction for <a href="https://coin-turk.com/bitcoin-btc-halen-potansiyel-zirvesinden-cok-uzak-veriler-konusuyor" data-wpel-link="internal">Bitcoin</a> (<a href="https://coin-turk.com/bu-yukselisi-bilen-kripto-analisti-acikladi-fetch-fet-ve-btc-ne-olacak" data-wpel-link="internal">BTC</a>) is unlikely. The senior crypto expert made critical statements regarding <a href="https://en.coin-turk.com/bitcoin-price-nears-53000-as-optimism-grows/" data-wpel-link="internal">Bitcoin</a> (<a href="https://en.coin-turk.com/the-reasons-behind-the-movement-in-bitcoin/" data-wpel-link="internal">BTC</a>) and altcoins. 
<h2 id="i-don-t-expect-a-btc-drop">“I Don’t Expect a BTC Drop”</h2> 
The CEO of investment firm 10T Holdings, Tapiero, indicated in a YouTube interview with host and SkyBridge Capital founder Anthony Scaramucci that the leading cryptocurrency is not likely to fall back to the $20,000 level. However, he suggested that a short-term correction for the largest cryptocurrency by market value could occur, stating: 
<blockquote> 
 “If you’re asking whether I think Bitcoin will return to the lowest levels of $20,000 to $18,000, I can’t see that happening. I think we are on the second leg of this bull market, so I would be much more worried if we were feeling like we were on the seventh or eighth leg, thinking there could potentially be problems. A consensus of a 75-80% rise, that’s a problem, but maybe it just means you have a short-term correction. We are just starting here.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-319752 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/btc-10.jpg" alt="" width="873" height="453"> 
<h2 id="comments-on-ftx">Comments on FTX</h2> 
According to expert Tapiero, the future looks bright for Bitcoin and crypto currencies because 2022 encompassed almost every possible bad scenario for the industry, including the multi-billion dollar collapse of the FTX crypto exchange. He concluded his remarks by saying: 
<blockquote> 
 “Markets are discount mechanisms, and I think all the bad news you could imagine happened in 2022, and you had a relatively obvious decline in the fourth quarter of 2022. So, do I think there’s another FTX out there? No… I see a lot of interesting information from companies, and nobody who was struggling is struggling anymore, and we couldn’t see this three years ago, two years ago.” 
</blockquote> 
Bitcoin was trading at $51,547, experiencing a significant drop in the last 24 hours at the time this article was written. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/macro-investor-sees-early-bull-run-stages-for-cryptocurrencies/" data-wpel-link="internal">Macro Investor Sees Early Bull Run Stages for Cryptocurrencies</a></h5>

Macro Investor Sees Early Bull Run Stages for Cryptocurrencies

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