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Home»Analysis»$100,000 Bitcoin Price Incoming, Predicts Macro Guru Dan Tapiero – Here’s the Timeline
Analysis

$100,000 Bitcoin Price Incoming, Predicts Macro Guru Dan Tapiero – Here’s the Timeline

2023-11-26No Comments2 Mins Read
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Macro guru and fund manager Dan Tapiero is optimistic that Bitcoin (BTC) will potentially hit a six-figure price.

In a new interview with Natalie Brunell, Tapiero says that “we’ll see Bitcoin over $100,000” in the next bull run.

A surge to $100,000 would translate to a gain of at least 167% from the current level.

According to Tapiero a price of $100,000 per Bitcoin is a “pretty conservative estimate” and the flagship crypto asset could rally higher over the next half a decade.

“My target for when I first started looking at this deeply in 2019 was always around $250,000 to $350,000 on Bitcoin. That was just a number that was to me a reasonable number to get to by 2029. So in 2019, that was sort of my thought by the end of the decade. That’s a reasonable number to get to.”

Bitcoin is trading at $37,459 at time of writing.

On when Bitcoin could reach a price of $1 million as ARK Invest CEO Cathie Wood has previously predicted, Tapiero says,

“I think Cathie has come out and said… did she say a $1 million [Bitcoin price target]? And I can get to those numbers too… But that might be, maybe it’s 2035 or 2038. I mean, I don’t know. Or it could be earlier.”

On Bitcoin’s mainstream adoption as a store of value, Tapiero says,

“There are a lot of assets like real estate people invest in often as a store of value. You know, art, paintings, stores of value.

I mean Bitcoin could really take a chunk of that store of value capital that’s out there. People own equity also because it’s a hedge against inflation.

See also  Bigger Bitcoin Move Imminent, Sellers Nowhere To Be Seen Until $40,000: Analyst Willy Woo

So, if you think of all the assets that people own just because they want to keep up with inflation, you could have a big chunk of that go to Bitcoin. I just don’t think it happens that quickly.”

I

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Bitcoin Dan Guru Heres Incoming Macro Predicts Price Tapiero Timeline
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cardano
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bitcoin
Bitcoin (BTC) $ 119,537.03
ethereum
Ethereum (ETH) $ 3,925.31
xrp
XRP (XRP) $ 3.30
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 852.35
solana
Solana (SOL) $ 194.07
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.246347
staked-ether
Lido Staked Ether (STETH) $ 3,921.89
cardano
Cardano (ADA) $ 0.847053