丹·塔皮埃羅（Dan Tapiero）的比特幣價格預測

根據宏觀投資者丹·塔皮埃羅（Dan Tapiero）的說法，前瞻性的市場通貨膨脹指標正在崩潰到危險的領域 - 對比特幣的影響

Macro investor Dan Tapiero penned a recent analysis, noting that key indicators of market-implied inflation are collapsing to dangerous levels, which could have huge implications for Bitcoin, gold, and equities.

宏觀投資者Dan Tapiero對最近的分析進行了分析，並指出，市場刺激通貨膨脹的關鍵指標正在崩潰到危險水平，這可能對比特幣，黃金和股票產生巨大影響。

As Tapiero highlighted, forward inflation expectations have plunged dramatically, which may force the Federal Reserve’s hand sooner than markets anticipate. Even if the Fed is still officially “data dependent,” the real conditions on the ground — as Tapiero stresses — are “clear as day.”

正如塔皮埃羅（Tapiero）所強調的那樣，遠期通貨膨脹的預期急劇下降，這可能會迫使美聯儲的手比市場預期的要早。即使美聯儲仍然正式“依賴數據”，如塔皮埃羅（Tapiero）所強調的那樣，地面上的實際條件是“一天清晰的”。

With real interest rates already considered too restrictive against the backdrop of ongoing fiscal tightening, Tapiero anticipates a liquidity spigot reopening. In such an environment, risk assets like Bitcoin, gold, and tech stocks (NDX) stand to benefit, while the U.S. dollar could face renewed pressure.

由於實際利率在正在進行的財政收緊的背景下已經被認為是過於限制的，因此塔皮埃羅預計將重新開放流動性。在這樣的環境中，比特幣，黃金和技術股（NDX）等風險資產將受益，而美元可能會面臨新的壓力。

Bitcoin Price Target: 180,000 Within 12 Months

比特幣價格目標：12個月內180,000

Most notably, Tapiero made a bold prediction: BTC could reach $180,000 within the next 12 months.

最值得注意的是，Tapiero做出了大膽的預測：BTC在未來12個月內可能會達到180,000美元。

This projection is based on the idea that, as liquidity returns to the markets and the overtightening monetary policy unwinds, capital will be drawn back into hard assets and alternative stores of value — with Bitcoin poised to be a major beneficiary.

這一預測是基於這樣的想法：隨著流動性返回市場和超越貨幣政策的意外，資本將被納回硬資產和價值的替代商店，而比特幣將成為主要的受益人。

The charts Tapiero shared show a sharp disconnect between short-term inflation risks and longer-term market-implied inflation expectations, highlighting the unusual and extreme pressures that are currently brewing beneath the surface of the financial markets.

Tapiero共享的圖表顯示，短期通貨膨脹風險與長期市場的通貨膨脹期望之間存在急劇下降，這突出了目前在金融市場表面下釀造的異常壓力和極端壓力。

Outlook: Macro Tailwinds Are Building for Bitcoin

前景：宏大風風正在為比特幣建造

If Tapiero’s thesis plays out, Bitcoin could be on the verge of a major expansion cycle driven not just by crypto-native dynamics, but by a broader macroeconomic shift — one that sees liquidity returning to the system after a prolonged tightening phase.

如果Tapiero的論文發揮了作用，那麼比特幣可能處於主要擴展週期的邊緣，不僅是由加密本地動態驅動的，而且是由於更廣泛的宏觀經濟轉移而驅動的，這種轉移會在延長延長的擰緊階段後看到流動性返回系統。

With inflation expectations falling, real rates staying high, and financial stability concerns rising, Bitcoin’s role as a neutral, hard-capped asset looks more critical than ever.

隨著通貨膨脹的預期下降，實際利率保持較高，而金融穩定問題的增加，比特幣作為中性，硬封面資產的作用看起來比以往任何時候都更為關鍵。

The message is clear: capital is preparing to move — and Bitcoin could be one of the biggest winners.

信息很明確：資本正準備搬家 - 比特幣可能是最大的贏家之一。