Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Bitcoin to $200,000? Investor Dan Tapiero Says One Catalyst Could Send Bitcoin Flying if US Economy Slows Hard

Bitcoin to $200,000? Investor Dan Tapiero Says One Catalyst Could Send Bitcoin Flying if US Economy Slows Hard

Daily HodlDaily Hodl2025/05/07 16:00
By:by Mark Emem

Macro investor and fund manager Dan Tapiero believes Bitcoin ( BTC ) could turn bullish amid a potential change in US monetary policy.

In a new thread on the social media platform X, Tapiero says the uncertainty caused by tariffs is having a “growth-dampening impact” on both the US and China.

According to the macro investor, the Federal Reserve could consequently be forced to cut rates, just like China’s central bank already has, catapulting Bitcoin to a rally of over 2x from the current level.

“If US slows hard, could Fed get to 1.4% -250bps (basis points) from here?

Imagine how high Bitcoin would [go] in that scenario.

$200,000+”

Bitcoin is trading at $97,095 at time of writing.

Earlier this week, the central bank of the world’s second-largest economy, the People’s Bank of China (PBOC), announced it would reduce its policy rate it charges commercial banks for short-term loans by 10 basis points from 1.5% to 1.4%.

The PBOC also announced it will lower the reserve requirement ratio, or the amount of cash that commercial banks must hold in reserves, by 50 basis points, per CNBC. Lowering the reserve requirement ratio is expected to release additional liquidity amounting to around one trillion yuan, approximately $138.5 billion, to the market.

Earlier this month, Tapiero said consumer expectations on the US economy have fallen to levels last witnessed during the Global Financial Crisis in March of 2009. The corrective measures that could be taken, argued Tapiero, would impact Bitcoin positively.

“This is extreme data. Much lower rates and US dollar needed to offset fiscal austerity. Fiat debasement equals +BTC.”

Follow us on X , Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix


Generated Image: Midjourney

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!