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The Daily Hodl 2025-04-05 07:04:30

Bitcoin Primed To Outperform the S&P 500 Index As Markets Crash, Says Investor Dan Tapiero – Here’s His Outlook

Macro investor and fund manager Dan Tapiero believes that Bitcoin is gearing up for an explosive breakout against the S&P 500 index ( BTC /SPX). In a new post, Tapiero tells his 127,800 followers on the social media platform X that Bitcoin may outperform equities as US President Donald Trump’s announced tariffs have ignited a massive stock sell-off. “‘Moment of realization’ for BTC. Tariffs crushing analog markets and fears rampant with VIX (Volatility Index) at 40. Authorities and co. sitting by watching NDX (Nasdaq-100 Index) in free fall. Rates will adjust lower but it is a process. Chart below is BTC/SPX. About to explode up.” Source: Dan Tapiero/X Tapiero suggests that Bitcoin’s performance may be decoupling from traditional finance, which is reeling from Trump’s tariffs. “Tariffs represent battle ongoing in the old analog world. In an attempt to solve old problems: excess govt spending, FX (foreign exchange) manipulation, weak growth, geopolitics, etc. So much manipulation and interference. Can it be fixed? Bitcoin stands outside this world. Free of legacy burdens.” Lastly, he says that Trump’s massive increase in US tariffs may slow economic growth and create market uncertainty. However, he says that gold and Bitcoin may work as a hedge against recessionary pressures. “Unfortunately, this chart means lower growth in the US and uncertainty to remain high for now. Interest rates are definitely coming down a lot now. Gold and Bitcoin as havens.” Source: Dan Tapiero/X Bitcoin is trading for $83,805 at time of writing, up 1.5% in the last 24 hours. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bitcoin Primed To Outperform the S&P 500 Index As Markets Crash, Says Investor Dan Tapiero – Here’s His Outlook appeared first on The Daily Hodl .

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