Investor Dan Tapiero says AI agents won't wire money through JPMorgan
Bitcoin’s (BTC) sharp pullback from $125,000 to near $60,000 has rattled investors who expected a routine correction, not a 50% drawdown.
Speaking with The Wolf of All Streets and TheStreet Roundtable host Scott Melker, 50T Holdings founder Dan Tapiero said the decline was deeper than anticipated but not thesis-breaking.
“We thought we were going to get a 20%-30% correction from $125,000 down to $100,000 or $90,000. That seemed okay,” Tapiero said. “This pullback has been a little more than I would have anticipated.”
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Bitcoin’s (BTC) sharp pullback from $125,000 to near $60,000 has rattled investors who expected a routine correction, not a 50% drawdown.
Speaking with The Wolf of All Streets and TheStreet Roundtable host Scott Melker, 50T Holdings founder Dan Tapiero said the decline was deeper than anticipated but not thesis-breaking.
“We thought we were going to get a 20%-30% correction from $125,000 down to $100,000 or $90,000. That seemed okay,” Tapiero said. “This pullback has been a little more than I would have anticipated.”
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2 months ago
