A Top Gold Bull Thinks an Exponential Bitcoin Price Expansion Is Imminent


Bitcoin has stalled after failing to hold above $12,000 for the second time in two weeks. The cryptocurrency trades at $11,450 as of this article’s writing, below the ever-important $11,500 level. Despite this weakness in the price of BTC, analysts remain long-term bullish on this nascent market. Joining his contemporary Raoul Pal, macro investor and gold bull Dan Tapiero says Bitcoin could soon go exponential. In a tweet published on August 10th, the BTC bull mentioned that the asset could literally 5-10x in the years ahead. This is a sentiment that has increasingly been accepted by Wall Street veterans, who say macroeconomic factors favor massive Bitcoin growth. Dan Tapiero: Bitcoin Could 5-10x In the Years Ahead Dan Tapiero — the co-founder of DTAP Capital, Gold Bullion International, and other companies — sees a long-term exponential rally for Bitcoin. He shared the chart seen below in an August 10th tweet, noting…

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