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<p>Macro guru and crypto fund manager Dan Tapiero shared his optimistic outlook for Bitcoin’s performance in 2024. The seasoned investor, with a significant following on social media, predicts a substantial upward trend for the leading cryptocurrency.</p> 
<h2 class="wp-block-heading" id="bitcoin-s-strong-year-to-date-performance">Bitcoin’s strong year-to-date performance</h2> 
<p>Tapiero highlights Bitcoin’s impressive year-to-date growth, noting a remarkable 160% increase. As Bitcoin approaches a high year-end close, Tapiero asserts that its clear track record as the highest-returning asset makes it impossible for institutional investors to ignore. He emphasizes that having zero exposure to Bitcoin could pose a career risk for these investors.</p> 
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   <p lang="en" dir="ltr">What is not clear here?<a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">#Bitcoin</a>       +160% ytd and closing in on a high for a year end close. <br><br>Clear track record suggests big up year in 2024.<br><br>Impossible for institutional investors to ignore greatest returning asset of all time.<br><br>0% exposure will pose career risk. <a href="https://t.co/REDprk7y3b" rel="nofollow" target="_blank">pic.twitter.com/REDprk7y3b</a></p>— Dan Tapiero (@DTAPCAP) <a href="https://twitter.com/DTAPCAP/status/1737704975793332471?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">December 21, 2023</a>
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<p>Tapiero also observes a bullish cup-and-handle price pattern forming in gold, suggesting a potential rally. Adding to the positive sentiment, he believes the Federal Reserve will likely reduce interest rates. This anticipated move could positively impact gold, Bitcoin and Ethereum (ETH). Tapiero sets a target price range for gold between $2,300 and $2,500, supported by potential diversification away from the USD and a predicted collapse in interest rates.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Gold?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">#Gold</a> looks so so explosive.<br><br>Have said many times in past few months..<br><br>..epic rally occurring..<br><br>..no such thing as a triple top..cup and handle in play..<br><br>Interest rates collapse plus diversification out of <a href="https://twitter.com/hashtag/USD?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">#USD</a> likely in play..<br><br>2300-2500 target<br><br>Bullish for <a href="https://twitter.com/hashtag/BITCOIN?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">#BITCOIN</a> <a href="https://twitter.com/hashtag/Eth?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">#Eth</a> <a href="https://t.co/0n8j8VQiJ4" rel="nofollow" target="_blank">pic.twitter.com/0n8j8VQiJ4</a></p>— Dan Tapiero (@DTAPCAP) <a href="https://twitter.com/DTAPCAP/status/1737154421593633157?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">December 19, 2023</a>
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<h2 class="wp-block-heading" id="global-liquidity-and-bitcoin-s-potential-surge">Global liquidity and Bitcoin’s potential surge</h2> 
<p>Sharing insights from former Goldman Sachs executive Raoul Pal, Tapiero<a href="https://twitter.com/dtapcap/status/1736430529174474919?s=61&amp;t=vmp-xcwVdJ1fl3dpe9zGDw" rel="nofollow noopener" target="_blank"> presents </a>a chart indicating that increasing global liquidity might propel Bitcoin above $200,000 in the coming year. He suggests that this chart points to a significant and imminent change in the world, redefining money and value. Tapiero reiterates that traditional money managers risk their careers by not having exposure to Bitcoin.</p> 
<p>Tapiero, known for his macroeconomic insights, had previously stated in an interview that his conservative price target for Bitcoin is $100,000. However, he envisions Bitcoin reaching $250,000 to $350,000 by 2029. This projection was made in 2019 and aligns with his long-term perspective on Bitcoin’s potential growth.</p> 
<p>In conclusion, Tapiero’s bullish outlook on Bitcoin for 2024 is rooted in its strong year-to-date performance, the inevitability of institutional investment, positive indicators for gold, and expectations of a favorable macroeconomic environment.</p>

Veteran crypto maverick Dan Tapiero predicts significant growth in Bitcoin’s price in 2024

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