$BTC is back above $80K, and honestly, the macro picture is getting pretty interesting. BlackRock’s Head of Digital Assets Robbie Mitchnick says the recent move has a lot to do with growing concerns around US debt. And yeah, there’s plenty to worry about. US government debt just crossed $40T, while interest costs are heading above $1T this year. At the same time, 30Y Treasury yields recently pushed above 5.3%. This is where the Bitcoin-as-a-hedge argument starts making a bit more sense. When investors start worrying about debt, inflation and the future of the dollar, scarce assets like gold and BTC naturally get more attention. And Mitchnick isn’t the only one making that connection. Ray Dalio, Lyn Alden and others have been talking about the same fiscal problem for a while. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#