Bill Miller IV Stays Bullish on Bitcoin Despite Recent Price Swings

Miller Value Partners◼' Bill Miller IV says Bitcoin◆ remains bullish despite sentiment near FTX◼-era lows, after a round trip from roughly 63K to 87K and back to 68K over several months. He argues Bitcoin's addressable value sits well above its current market cap and that annual supply growth of about 80 basis points makes it scarcer than gold. The interview also touches on Strategy and an MSCI exclusion, inflation and a larger Fed hike, and the Clarity Act, though the source article gives no detail on these beyond chapter titles.

For experienced traders · Written by AI from 1 source · Wrong?