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Macro Investor Luke Gromen Predicts Bitcoin (BTC) Surge Amid US Bond Market Weakness

Macro Investor Luke Gromen Predicts Bitcoin (BTC) Surge Amid US Bond Market Weakness


CoinOtag
2024-06-23 12:37:56

Bitcoin (BTC) and other risk assets are poised to gain from a declining sentiment in US long-term bonds in the upcoming years. Due to escalating inflationary pressures, capital is expected to move from the bond market into stocks, gold, and Bitcoin. Significant weakness is being observed in the iShares 20+ Year Treasury Bond exchange-traded fund


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