Bitcoin

<p>The post <a href="https://coinpedia.org/price-analysis/macro-visionary-dan-tapiero-sees-bitcoin-price-soaring-to-100k-outlines-potential-timeline/" rel="noopener noreferrer nofollow">Macro Visionary Dan Tapiero Sees Bitcoin Price Soaring to $100K – Outlines Potential Timeline</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Bitcoin has recently demonstrated remarkable resilience, achieving a significant surge of 1.5%, propelling its value to the $38,000 mark. This upturn has infused investors and enthusiasts with renewed confidence. The current trend aligns with several bullish on-chain metrics, suggesting a potential push towards the $40,000 threshold.</p>
<p>Alex Kuptsikevich, a FxPro analyst, has observed the trend’s shallower declines, indicating a growing bullish sentiment. This could hint at an imminent breakout beyond the $40,000 level. However, it raises the question of how soon Bitcoin could reach six-figure valuations.</p>
<h2 class="wp-block-heading" id="h-the-road-to-1-million-bitcoin-s-long-term-trajectory">The Road to $1 Million: Bitcoin’s Long-Term Trajectory</h2>
<h3 class="wp-block-heading" id="h-predictions-from-industry-experts"><strong>Predictions from Industry Experts</strong></h3>
<p>Dan Tapiero, a respected macro investor, has expressed an optimistic outlook, projecting that Bitcoin could surpass $100,000 in the upcoming bullish cycle. In a discussion with Natalie Brunell, Tapiero offered a conservative estimate, suggesting a 167% surge from current levels to reach six figures.</p>
<p>Furthering this bullish stance, Tapiero aligns with Cathie Wood, CEO of ARK Invest, in predicting a $1 million valuation for Bitcoin. However, he extends this forecast to possibly as early as 2035 or 2038.</p>
<h3 class="wp-block-heading" id="h-bitcoin-as-a-store-of-value"><strong>Bitcoin as a Store of Value</strong></h3>
<p>The ongoing discussion around Bitcoin’s role as a recognized store of value continues. Tapiero underscores Bitcoin’s potential to rival traditional assets like real estate, art, and equities, positioning it as an inflation hedge. However, he maintains a pragmatic view, suggesting that widespread adoption might not occur rapidly.</p>

Macro Visionary Dan Tapiero Sees Bitcoin Price Soaring to $100K – Outlines Potential Timeline

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