Crypto Company CEO Dan Tapiero Reveals Bitcoin Price Prediction and What Will Trigger the Next Bull Run
Dan Tapiero, founder of 10T Holdings and cryptocurrency-focused investor, predicts that artificial intelligence (AI) and blockchain technology will converge, driving a new wave of investments. Tapiero emphasized that blockchain will serve as the monetary infrastructure for independent AI agents, likely operating through smart contracts. 10T Holdings plans to allocate 20% of its new fund to companies at the intersection of AI and blockchain by 2026. He forecasts a significant future for this sector within five years. Additionally, Tapiero maintains a cautiously optimistic outlook for Bitcoin, predicting a consolidation around $100,000 followed by a rise to $180,000 by next summer. He advises against short-term trading in current challenging market conditions.
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AI and Blockchain Convergence
Dan Tapiero, founder of 10T Holdings and a cryptocurrency-focused investor, believes that artificial intelligence (AI) and blockchain technology will soon intersect, ushering in a new wave of market investments. According to Tapiero, “Blockchain is the monetary infrastructure of artificial intelligence.” He envisaged a future where thousands of independent AI agents operate autonomously, utilizing smart contracts on the blockchain for transactions rather than conventional financial institutions like JPMorgan.
Investment Strategy for AI and Blockchain
Tapiero revealed that 10T Holdings aims to allocate approximately 20% of its new fund—which is in the process of raising capital through 2026—to companies positioned at the intersection of AI and blockchain. While he acknowledged that few companies have scaled in this emerging sector, he remains optimistic, stating: “In the next five years, this space will become a category unto itself.”
Optimism for the Cryptocurrency Market
Tapiero provided his perspective on the future of the crypto market, particularly regarding Bitcoin. He maintained his 2023 price projection for Bitcoin, asserting: “I expect a consolidation around $100,000 first; this level serves as a psychological level for investors. Then, I expect a rise towards $180,000, perhaps around next summer.”
Patience in Navigating Difficult Markets
Tapiero addressed the frustrations of some investors growing impatient with Bitcoin’s price stagnation. He emphasized the need for avoiding short-term predictions, stating: “In my 25 years of experience in traditional markets, I have never seen a market this difficult. Trading from a short-term perspective is nearly impossible.”