Bitcoin’s Bull Run Isn’t Over — But a 70% Drop Could Be Next, Says Dan Tapiero

In this Cointelegraph interview, macro investor Dan Tapiero argues that Bitcoin’s current consolidation doesn’t mark the end of the bull cycle. He warns, however, that the market’s boom-and-bust nature hasn’t disappeared — and that another deep correction could still lie ahead. Tapiero breaks down what’s driving the space today, why the fundamentals have never been stronger, and how long-term holders can navigate the next market phase. 00:00 – Intro 01:39 – Why is Bitcoin underperforming stocks and gold? 03:30 – Has Bitcoin reached a natural pause point? 05:16 – Are bull and bear markets still relevant for Bitcoin? 07:30 – Bitcoin’s maturity and the macro backdrop 08:58 – Tapiero on Peter Schiff, gold, and political narratives 11:24 – Crypto’s future: stablecoins, AI agents, and blockchain adoption 12:56 – How to recognize the next bear phase 14:24 – Will Bitcoin still face 70% crashes in a maturing market? 16:33 – Tapiero’s investment approach and portfolio strategy 18:08 – On being wrong about the US dollar 19:59 – Outro Follow COINTELEGRAPH: Website: https://cointelegraph.com/ Telegram: https://t.me/cointelegraph Facebook: https://www.facebook.com/cointelegraph Twitter: https://twitter.com/cointelegraph Mobile app: https://linktr.ee/cointelegraph_mobile Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.