Bitcoin Price Prediction: Macro Investor Says Bull Market Still Alive – But a 70% Collapse Could Follow

Bitcoin (BTC/USD) is trading around $105,130, with a daily volume of over 65 billion and a market cap of around 2.1 trillion. Its price is down a teeny bit by 0.31% over the past 24 hours, but overall, the momentum is still looking strong. Despite the odd dip or two, Bitcoin is still looking resilient in what many reckon is an active bull market.Macro investor Dan Tapiero still reckons the rally will push Bitcoin up to $180,000. He says that despite some short-term selling, the bull market isn’t broken, and points to stronger regulation, institutional adoption, and the growing role of stablecoins as key drivers of support for digital assets.A Warning from the Next CorrectionTapiero stays bullish but remains pragmatic. He warns that Bitcoin’s familiar boom-and-bust rhythm isn’t over yet. “Markets don’t move in straight lines,” he said, recalling Bitcoin’s 90% decline in 2018. This time, he anticipates a smaller but still sharp correction, around 70%, once prices peak near $180,000. He views such a pullback as a normal part of the cycle rather than a signal of weakness. For long-term investors, Tapiero projects Bitcoin could reach $1 million within the next decade, continuing to serve as a hedge against currency devaluation and an increasingly digital global economy.Bitcoin (BTC/USD) Technical Setup: Bitcoin eyeing up $110KFrom a technical perspective, Bitcoin price prediction is slightly buullish as BTC remains within an ascending channel, showing controlled momentum. The price recently rebounded from $102,950, forming a bullish engulfing candle that signals renewed buying pressure. The 20-day EMA is inching above the 50-day EMA, indicating the early stages of upward momentum, while the RSI at 55 shows there’s still room for growth before reaching overbought territory.A clean break above $107,500 could open the door toward $110,700 and $113,500, aligning with October’s resistance area. Conversely, a drop below $102,900 might pull prices back to $101,150.Bitcoin Price Chart – Source: TradingviewFor now, traders are waiting for a confirmed breakout. A move above $107,500 could mark the start of Bitcoin’s next leg higher. With improving fundamentals and solid technical support, Bitcoin’s consolidation phase might be setting the stage for its next major rally, one that could define the remainder of this bull market cycle.Bitcoin Hyper: The Next Evolution of BTC on Solana?Bitcoin Hyper ($HYPER) is bringing a new phase to the Bitcoin ecosystem. While BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level speed.Built as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it merges Bitcoin’s stability with Solana’s high-performance framework. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.Audited by Consult, the project emphasizes trust and scalability as adoption builds. And momentum is already strong. The presale has surpassed $26.9 million, with tokens priced at just $0.013255 before the next increase.As Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ecosystems. If Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun again.Click Here to Participate in the PresaleThe post Bitcoin Price Prediction: Macro Investor Says Bull Market Still Alive – But a 70% Collapse Could Follow appeared first on Cryptonews.