Bitcoin To Skyrocket Past $90k If It Breaks $65k, Says Dan Tapiero

IconCNT15 May, 2024

cryptonews.jpg

Bitcoin To Skyrocket Past $90k If It Breaks $65k, Says Dan Tapiero

Dan Tapiero, founder of global macro fund 10T Holdings, believes that Bitcoin will easily surpass $90,000 if it can break through the $65,000 resistance level. He stated that the $65,000 mark is a crucial point of convergence for various indicators, and a breakout above this level would trigger a significant upward momentum. Tapiero also mentioned that the Federal Reserve's potential rate cuts this year due to weakening commercial real estate could further stimulate growth within the digital asset market. Previously on 15 May 2024, Tapiero had expressed his bullish outlook on Bitcoin, predicting that a breakout above $65,000 would pave the way for a surge towards $90,000. He emphasized the confluence of multiple indicators supporting this potential price movement and anticipated increased growth in the digital asset ecosystem as a result of the Federal Reserve's accommodative monetary policy.

Related News