10M
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Macro guru Dan Tapiero expresses strong optimism for Bitcoin, forecasting a potential surge to a six-figure valuation. In a recent interview, Tapiero predicts Bitcoin could exceed $100,000 in the next bull run, a conservative estimate according to him, marking at least a 167% increase from current levels. With a long-term perspective, he envisions Bitcoin reaching $250,000 to $350,000 by 2029. Regarding ARK Invest CEO Cathie Wood’s $1M target, Tapiero sees it as feasible, possibly by 2035 or 2038. He highlights Bitcoin’s growing role as a store of value, competing with traditional assets like real estate and art, and serving as an inflation hedge.