標題：Dan Tapiero確定可以助長比特幣（BTC）和加密貨幣的催化劑

塔皮埃羅（Tapiero）在牛奶路YouTube頻道進行的新採訪中說，貨幣政策需要在數字資產真正起飛之前保持一致。

Macro investor and fund manager Dan Tapiero is identifying what could be the catalyst that could fuel a comeback for Bitcoin (BTC) and crypto.

宏觀投資者兼基金經理Dan Tapiero正在確定可以為比特幣（BTC）和加密貨幣捲土重來的催化劑。

In a new interview on the Milk Road YouTube channel, Tapiero says that monetary policies need to align before digital assets can truly take off.

塔皮埃羅（Tapiero）在牛奶路YouTube頻道進行的新採訪中說，貨幣政策需要在數字資產真正起飛之前保持一致。

Tapiero says Fed Chair Jerome Powell is currently “holding back” on policy shifts – but once he acts, the macro investor believes Bitcoin and the broader crypto market will soar.

塔皮埃羅（Tapiero）說，美聯儲主席杰羅姆·鮑威爾（Jerome Powell）目前正在“阻止”政策轉變 - 但是一旦他行動，宏觀投資者認為比特幣和更廣泛的加密貨幣市場將會飆升。

“[Fiscal tightening] needs to be offset by some sort of monetary offset to keep things in balance [so] the economy doesn't have too aggressive [of] a pullback in liquidity [and] in demand side drivers. Fiscal policy has been contributing to demand, and now it's not, and I think monetary policy needs to offset that and the dollar is already sensing that and that's why it's weakened…

“ [財政收緊]需要被某種貨幣抵消以使事情保持平衡的抵消[因此]，因此經濟並沒有太積極地對流動性和需求助手的回調。財政政策已促成需求，現在是貨於需求的，我認為這是貨幣政策，而貨幣政策已經需要這種弱點，並且為什麼要偏離這種弱點……

Ideally, in a perfect world, [Treasury Secretary] Bessent and Trump or whoever should have gone down to Jay Powell and said, ‘Hey guys, we're going to be undertaking the greatest fiscal tightening of the last 50 years, give us some slack on the monetary side, let's work together on this…’

理想情況下，在一個完美的世界中，[財政部長] Bessent和Trump或任何應該下去傑伊·鮑威爾（Jay Powell）的人說：“嘿，我們將在過去50年中最大的財政收緊，在貨幣方面給我們一些懈怠，讓我們在這方面做一些懈怠，讓我們在這方面工作……”

But Powell for whatever reason is really holding back here, and I think the next few months the data will confirm that he needs to move and that'll help Bitcoin and the whole digital asset ecosystem – Ethereum, Solana, the whole world sort of take off again because there is a part of our world that is driven by this liquidity from the old world.”

但是鮑威爾出於何種原因真正阻礙了這裡，我認為接下來的幾個月數據將確認他需要移動，這將幫助比特幣和整個數字資產生態系統 - 以太坊，索拉納，索拉納，整個世界再次起飛，因為我們世界的一部分是由這種流動性從舊世界驅動的。 ”

According to Tapiero, relying on liquidity from traditional finance will be necessary no matter how strong Bitcoin and decentralized finance (DeFi) present themselves and if his conditions are met, BTC could rally close to $200,000.

根據塔皮埃羅（Tapiero）的說法，無論比特幣和分散的金融（DEFI）表現出色，依靠傳統金融的流動性將是必要的，如果滿足自己的狀況，BTC可能會接近200,000美元。

“Regardless of the good fundamentals that are relating to Bitcoin, regardless of the good fundamentals relating to some of the other projects and the activity in the space, the growth of DeFi, stablecoins, even non-fungible tokens (NFTs) might be coming back a little bit, so I think you just have a little bit of liquidity from the old world come in [and] you have Bitcoin head up to my target, [which] has been $180,000 for a long time.”

“Regardless of the good fundamentals that are relating to Bitcoin, regardless of the good fundamentals relating to some of the other projects and the activity in the space, the growth of DeFi, stablecoins, even non-fungible tokens (NFTs) might be coming back a little bit, so I think you just have a little bit of liquidity from the old world come in [and] you have Bitcoin head up to my target, [which] has been $180,000 for a long 時間。”

BTC is trading for $103,159 at time of writing, a marginal increase on the day.

BTC在撰寫本文時以103,159美元的價格交易，當天的邊緣增長。