Here’s What Could Trigger a Comeback for Bitcoin and Crypto, According to Investor Dan Tapiero

By: cryptonews|2025/05/12 08:45:04
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Macro investor and fund manager Dan Tapiero is identifying what could be the catalyst that could fuel a comeback for Bitcoin (BTC) and crypto. In a new interview on the Milk Road YouTube channel, Tapiero says that monetary policies need to align before digital assets can truly take off. Tapiero says Fed Chair Jerome Powell is currently “holding back” on policy shifts – but once he acts, the macro investor believes Bitcoin and the broader crypto market will soar. “[Fiscal tightening] needs to be offset by some sort of monetary offset to keep things in balance [so] the economy doesn’t have too aggressive [of] a pullback in liquidity [and] in demand side drivers. Fiscal policy has been contributing to demand, and now it’s not, and I think monetary policy needs to offset that and the dollar is already sensing that and that’s why it’s weakened... Ideally, in a perfect world, [Treasury Secretary] Bessent and Trump or whoever should have gone down to Jay Powell and said, ‘Hey guys, we’re going to be undertaking the greatest fiscal tightening of the last 50 years, give us some slack on the monetary side, let’s work together on this...’ But Powell for whatever reason is really holding back here, and I think the next few months the data will confirm that he needs to move and that’ll help Bitcoin and the whole digital asset ecosystem – Ethereum, Solana, the whole world sort of take off again because there is a part of our world that is driven by this liquidity from the old world.” According to Tapiero, relying on liquidity from traditional finance will be necessary no matter how strong Bitcoin and decentralized finance (DeFi) present themselves and if his conditions are met, BTC could rally close to $200,000. “Regardless of the good fundamentals that are relating to Bitcoin, regardless of the good fundamentals relating to some of the other projects and the activity in the space, the growth of DeFi, stablecoins, even non-fungible tokens (NFTs) might be coming back a little bit, so I think you just have a little bit of liquidity from the old world come in [and] you have Bitcoin head up to my target, [which] has been $180,000 for a long time.” BTC is trading for $103,159 at time of writing, a marginal increase on the day. Generated Image: Midjourney

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