BlockBeats news, on December 23, macro analyst Luke Gromen stated in a new YouTube update that he does not expect large-scale money printing next year, meaning extreme currency creation by governments and Central Banks. “The current economic leverage is high, and Bitcoin acts as the last effective smoke detector for liquidity, which is a tightening of equity. Bitcoin is that equity layer, and due to the deflationary pressures brought by artificial intelligence and Bots technology, which are rising exponentially, any measures that do not reach the level of 'large-scale money printing' are effectively tightening. This will not be sufficient to offset the exponential deflation, which will manifest fiercely as equity asset prices fall and Bitcoin prices drop. Moreover, Bitcoin's trading pattern is similar to high beta tech stocks. When you take these factors into account, this is essentially the two main reasons for our negative outlook on Bitcoin in the short term. We believe that 'large-scale money printing' will not occur in 2026.” However, this macro expert also stated that Bitcoin is a solid long-term choice. “I remain bullish on Bitcoin in the long term. I just believe that deflation will lead to a crisis, and I still think that ultimately someone will implement 'large-scale money printing' in response to that crisis. But Bitcoin plays the role of the equity layer in this highly leveraged system, which is facing exponential deflationary pressures from artificial intelligence and Bots technology. I believe not many people are looking at it from this perspective yet. And I think in the coming months, people will start to view it this way.”
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Analyst: Does not believe there will be "massive money printing" next year, remains optimistic about Bitcoin in the long term.
BlockBeats news, on December 23, macro analyst Luke Gromen stated in a new YouTube update that he does not expect large-scale money printing next year, meaning extreme currency creation by governments and Central Banks. “The current economic leverage is high, and Bitcoin acts as the last effective smoke detector for liquidity, which is a tightening of equity. Bitcoin is that equity layer, and due to the deflationary pressures brought by artificial intelligence and Bots technology, which are rising exponentially, any measures that do not reach the level of 'large-scale money printing' are effectively tightening. This will not be sufficient to offset the exponential deflation, which will manifest fiercely as equity asset prices fall and Bitcoin prices drop. Moreover, Bitcoin's trading pattern is similar to high beta tech stocks. When you take these factors into account, this is essentially the two main reasons for our negative outlook on Bitcoin in the short term. We believe that 'large-scale money printing' will not occur in 2026.” However, this macro expert also stated that Bitcoin is a solid long-term choice. “I remain bullish on Bitcoin in the long term. I just believe that deflation will lead to a crisis, and I still think that ultimately someone will implement 'large-scale money printing' in response to that crisis. But Bitcoin plays the role of the equity layer in this highly leveraged system, which is facing exponential deflationary pressures from artificial intelligence and Bots technology. I believe not many people are looking at it from this perspective yet. And I think in the coming months, people will start to view it this way.”