Bitcoin Poised to Reach $180,000, While Altcoins Face Huge Risks?

Jakarta, Pintu News—Bitcoin (BTC) is stabilizing after being rejected at significant resistance levels. Its current price ranges between $82,000 and $83,000, with the potential for further declines towards support around $76,000.

Despite the price fluctuations, Dan Tapiero, Managing Partner, CEO, and CIO of 10T Holdings, remains positive about Bitcoin’s future prospects.

Check out the full analysis here!

Bitcoin Outlook: Potential Rise to $180,000?

Tapiero sees the US government’s policy shift towards crypto during the Trump era as a crucial moment in recent years. Tapiero has previously predicted that Bitcoin will break $100,000, which has proven to be correct, as the figure is often a psychological limit.

Now, he predicts that Bitcoin will be in the $70,000 to $100,000 range for some time before it finally surges higher. Tapiero predicts that Bitcoin could reach $180,000 in the long term, which may happen at the end of this year or early next year.

Despite tight fiscal policy and market uncertainty, Tapiero is confident that the upcoming interest rate cut will resolve these challenges. Bitcoin’s fundamentals remain strong, although it is currently in a stabilization phase.

Also read: Bitcoin price could plummet to $20,000 if Nasdaq enters a ‘bear’ market, says Peter Schiff!

Taipero Gives Serious Warning for Altcoin Investments

Tapiero gives a serious warning against investing in altcoins. Many were surprised when Bitcoin reached $100,000 and began stabilising, while altcoins struggled. According to Tapiero, many altcoins may fail and become worthless.

Altcoins such as meme coins have sucked liquidity out of the market, and many have no clear function. Tapiero highlighted altcoins such as the Trump and meme coins in Solana (SOL) that are flooding the market without a clear function.

Although large altcoins like Ripple (XRP), with a strong network and clear functions, are still performing well, most speculative coins are likely to fail. This is part of the cycle in which most of these tokens will disappear. Therefore, it is very important to be selective when choosing altcoins.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• CoinEdition. Bitcoin Consolidates, Analyst Warns of Altcoin Collapse, Eyes $180K BTC. Accessed on March 18, 2025
• Featured Image: Generated by AI