ME News message, December 20 (UTC+8), Luke Gromen, founder of Forest for the Trees and macroeconomic analyst, stated in the podcast "The Monetary Matters Network" that he has been very optimistic about Bitcoin for a long time, buying most of his position at prices below $30,000 at the end of 2022 and the beginning of 2023, holding on to it ever since without selling. However, he has now turned short-term bearish on Bitcoin for the following reasons: 1. Bitcoin's price movement is still highly correlated with tech stocks. However, the bottleneck for future AI competition lies in power rather than semiconductors, so the outlook for Bitcoin and tech stocks is not optimistic. 2. Bitcoin has not broken out relative to gold. The future liquidity environment is such that "unless nuclear-level printing occurs, it will be tightening." 3. Quantum computing poses a threat to Bitcoin. "This could become an issue within 2 to 9 years." Luke Gromen emphasized that the movements of Tether are a significant factor to consider; they have recently invested in AI and gold. Their gold position on the balance sheet is larger than their Bitcoin position. These are all noteworthy points. (Source: ME)

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