Veteran Investor 'Super Bullish' on Bitcoin Surge Amid Mounting US Debt and Likely Inflation Spike
• Veteran investor Luke Gromen is "super bullish" on Bitcoin for the next 6-12 months due to favorable macroeconomics.
• With US national debt at record highs, inflation is likely to resurge, driving investors to Bitcoin as a store of value.
• Whether the Fed hikes or cuts rates, inflation and deficits are still likely to increase. This benefits Bitcoin.
• There is still skepticism about Bitcoin, with $6 trillion in money market funds that could flow into crypto.
• Fundamentally and technically, conditions favor a Bitcoin price surge. Fed actions to curb inflation will ultimately be inflationary.