丹·塔皮埃罗（Dan Tapiero）的比特币价格预测

根据宏观投资者丹·塔皮埃罗（Dan Tapiero）的说法，前瞻性的市场通货膨胀指标正在崩溃到危险的领域 - 对比特币的影响

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.

宏观投资者丹·塔皮埃罗（Dan Tapiero）撰写了最近的分析，并指出，市场刺激通货膨胀的关键指标正在崩溃至危险水平，这可能会对比特币，黄金和股票产生巨大影响。

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.”

正如塔皮埃罗（Tapiero）所强调的那样，远期通货膨胀的预期急剧下降，这可能会迫使美联储的手比市场预期的要早。即使美联储仍然正式“依赖数据”，如塔皮埃罗（Tapiero）所强调的那样，地面上的实际条件是“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.

由于实际利率在正在进行的财政收紧的背景下已经被认为是过于限制的，因此塔皮埃罗预计将重新开放流动性。在这样的环境中，比特币，黄金和技术股（NDX）等风险资产将受益，而美元可能会面临新的压力。

Bitcoin Price Target: 180,000 Within 12 Months

比特币价格目标：12个月内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做出了大胆的预测：BTC在未来12个月内可能会达到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.

这一预测是基于这样的想法：随着流动性返回市场和超越货币政策的意外，资本将被纳回硬资产和价值的替代商店，而比特币将成为主要的受益人。

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共享的图表显示，短期通货膨胀风险与长期市场的通货膨胀期望之间存在急剧下降，这突出了目前在金融市场表面下酿造的异常压力和极端压力。

Outlook: Macro Tailwinds Are Building for Bitcoin

前景：宏大风风正在为比特币建造

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的论文发挥了作用，那么比特币可能处于主要扩展周期的边缘，不仅是由加密本地动态驱动的，而且是由于更广泛的宏观经济转移而驱动的，这种转移会在延长延长的拧紧阶段后看到流动性返回系统。

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.

随着通货膨胀的预期下降，实际利率保持较高，而金融稳定问题的增加，比特币作为中性，硬封面资产的作用看起来比以往任何时候都更为关键。

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

信息很明确：资本正准备搬家 - 比特币可能是最大的赢家之一。