Tapiero Predicts $180K Bitcoin Peak, Warns of 70% Drop
Dan Tapiero, CEO of 10T Holdings, said Bitcoin remains in a strong bull cycle despite recent sharp corrections. His latest Bitcoin price prediction expects BTC to hit a peak of $180,000, driven by stablecoin growth, rising institutional adoption, and clearer regulation. However, Tapiero warned of a possible 70% market correction after the peak, recalling the 90% drop in BTC and ETH during the 2018 cycle. He noted heavy selling from long-term “OG whales” and current risk-off sentiment but remains optimistic. In his long-term forecast, Tapiero projects that Bitcoin could add $1 million in value over the next decade. This outlook offers traders a high-risk, high-reward scenario: a significant rally followed by a deep correction. (This is not investment advice.)
Bullish
Tapiero’s forecast that Bitcoin could reach $180,000 reinforces a bullish narrative, highlighting strong market fundamentals like stablecoin growth, institutional adoption, and clearer regulation. Historical parallels—such as the 2018 cycle peak followed by steep corrections—underscore the importance of risk management. Traders may interpret the $180K target as a buy signal, fueling short-term bullish momentum. However, the warning of a potential 70% drop tempers enthusiasm and encourages setting stop-losses and profit-taking strategies. In the long term, the $1 million value increase prediction further supports a positive outlook, suggesting sustained growth over the next decade. Overall, the news is bullish but advises caution ahead of possible deep pullbacks.