Veteran investor predicts the FED may add new liquidity to boost BTC

Veteran investor Dan Tapiero believes Bitcoin is about to enter a strong bullish phase, thanks to a series of economic factors favoring this cryptocurrency.

Interest rates will drop, liquidity will increase – Will BTC benefit?

According to Tapiero's analysis, the U.S. economy is showing signs of slowing down, which may force the Federal Reserve (Fed) to lower interest rates to stimulate the market. He predicts that the Fed could cut rates by up to 400 basis points while injecting more liquidity, creating favorable conditions for Bitcoin to surge.

Will stocks drop 10% before the Fed intervenes?

Tapiero warns that the U.S. stock market may drop another 10% before the Fed decides to cut interest rates. However, when that happens, Bitcoin could quickly gain momentum.

In a recent interview, Tapiero stated that he expects Bitcoin could reach $180,000 this year or early next year.