Bitcoin’s Fundamental Case has ‘Never Been Stronger,’ Says Bill Miller

• Bill Miller IV said Bitcoin’s long-term investment case has “never been stronger.”
• He cited the US’s projected $1.9T budget deficit as a reason for being bullish on BTC.
• He also said AI could strengthen Bitcoin’s outlook by creating deflationary pressures.

Bitcoin’s long-term investment case remains intact despite recent price weakness, according to Bill Miller IV of Miller Value Partners.

Speaking on CNBC, Miller argued that short-term market performance does not change the underlying reasons for owning Bitcoin. He pointed to rising US debt, persistent government deficits, and long-term inflation risks as the main drivers behind his bullish outlook.

Miller links Bitcoin’s weakness to regulatory delays

Bitcoin remains roughly 50% below its all-time high, even as institutional adoption continues to grow.

Miller said one reason for the recent weakness coul…

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