You Won’t Believe What Could Send Bitcoin to the Moon — Dan Tapiero Spills the Beans

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When it comes to Bitcoin, I tend to follow the financial news the way some people follow the weather — with a confused scowl and a stack of potato chips. Enter Dan Tapiero: a macro investor with the impressive ability to sound calm while money storms rage and your uncle keeps texting you, “is it too late to buy?”

On the Milk Road YouTube channel — which, sadly, has nothing to do with dairy — Tapiero spent a good chunk of his week explaining exactly what needs to happen before crypto transforms from “your weird cousin’s obsession” to “everyone’s weird obsession.” Apparently, we have to wait for monetary policy to catch up, or to do a trust fall with Jerome Powell, whichever comes first.

Right now, Federal Reserve Chair Jerome Powell is apparently doing his best impression of a guy in a public restroom who won’t give up the stall. Everyone’s waiting outside, shifting from foot to foot. Once he finally “shifts”—or, more delicately, adjusts policy—Tapiero predicts the crypto market will soar. 🚀 Or, at the very least, it might stand up and stretch.

“[Fiscal tightening] needs to be offset,” Tapiero drones, “so the economy doesn’t, you know, curl up into the fetal position and start mumbling about 2008. Fiscal policy is taking demand away, and monetary policy needs to sort of, as the kids say, ‘make it rain.’ Powell, though, he’s resisting—like a grandfather at a vegan restaurant. But, hey! The dollar is sensing something and already feeling weak in the knees…”

I imagine a perfect world, Tapiero muses, where Treasury Secretary Bessent and Trump (or insert your political action figure here) stroll over to Powell and say, ‘Listen, Jay, we’re about to stage the tightest fiscal regime since disco died. Cut us some slack on the monetary side. Let’s be friends.’

But Powell, for reasons surely involving secret Federal Reserve handshakes or the world’s slowest paperwork, just sits there. Tapiero thinks soon the economic data will make him budge, and that’s when we get the mythical bull run—Ethereum, Solana, every coin you regret not buying at $3, they’ll all go bonkers because, let’s face it, this crypto world is still chained to the liquidity fanny pack of Traditional Finance.”

Basically, even if Bitcoin and decentralized finance manage to convince your skeptical aunt that they’re legit, it’s the big money parked in boring banks that really gets the party started. Should the stars align, Tapiero is eyeing a Bitcoin price north of $180,000. Imagine explaining that at Thanksgiving. 🦃

“It doesn’t matter if the fundamentals are good—fundamentals are like fiber, you know you’re supposed to care, but you don’t. What really matters is a splash of old-school liquidity. Then, boom, Bitcoin struts up to my target. Hasn’t changed in ages: $180,000. Sorry if you sold at $60k.”

Meanwhile, BTC is hovering at $103,159, which seems suspiciously like the kind of margin my nephew charges to set up your WiFi.

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2025-05-12 03:09