Dan Tapiero, a macro investor and fund manager, believes Bitcoin is preparing for a breakout explosive against the S&P 500 Index (BTC/SPX).
Tapiero, a social media user on X, told his 127.800 followers that Bitcoin could outperform equities, as the US President Donald Trump announced tariffs, which have sparked a mass stock sale.
BTC’s “moment of realisation” The VIX Index (Volatility index) is at 40, and the tariffs are crushing the analog market. Fears have been rife. The authorities and others are watching the NDX, Nasdaq-100 Index in freefall. The rates will go down, but this is not an instantaneous process. Below is the BTC/SPX chart. About to explode .”
Tapiero says that Bitcoin may decouple from traditional finance which is struggling under Trump’s tariffs.
Tariffs are a battle that is still being fought in an analog world. The old problems are being addressed: excessive government spending, foreign exchange manipulation, slow growth, geopolitics etc. There is so much interference and manipulation. Is it possible to fix? Can it be fixed? “Free of legacy burdens”
He says, lastly, that Trump’s huge increase in US Tariffs could slow the economic growth and cause market uncertainty. He says, however, that Bitcoin and gold may be a good hedge against the recessionary pressures.
This chart indicates that the US will experience lower growth and there is a high level of uncertainty for the time being. The interest rates have definitely dropped. As havens, gold and bitcoin .”
Bitcoin has risen 1.5% over the past 24 hours to $83,805.
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This article Bitcoin Set to Outperform S&P 500 Index as Markets Crash – Investor Dan Tapiero’s Outlook first appeared on The ICD.
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