Macro investor and fund manager Dan Tapiero is doubling down on his prediction Bitcoin (BTC) will soar to as high as $500,000.

In a new interview with Scott Melker, Tapiero says that he named his crypto investment fund 10T after his 2019 prediction that the total market cap for cryptocurrencies would increase 30x and reach a $10 trillion market cap.

He says he still believes in his prediction and that Bitcoin’s value will range between $300,000 and $500,000 once the total market cap hits $10 trillion.

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