Macroeconomic Analysts: There will be no large-scale money printing in 2026, Bitcoin is under pressure in the short term but remains a prudent choice in the long term.

2025-12-23 10:38:14

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[Block Rhythm] Renowned macro analyst Luke Gromen recently updated his latest assessment of the economic situation for next year. He clearly stated that he does not anticipate extreme monetary easing policies at the government and Central Bank levels in 2026.

Why make such a judgment? Gromen's logical chain is quite interesting. The current economic leverage ratio is at a high level, and in this high-leverage system, Bitcoin plays a key role—as a warning mechanism during periods of liquidity constraints, it essentially represents a tightening signal at the equity layer.

Moreover, the deflationary pressure brought about by artificial intelligence and robotics is growing exponentially. In this context, any policy measures that are below the scale of “large-scale money printing” cannot be considered true easing; rather, they are equivalent to a disguised tightening. This deflationary power is sufficient to offset the effects of any mild policies. Furthermore, don't forget that the trading characteristics of Bitcoin are similar to those of high-beta tech stocks; when equity asset prices decline, Bitcoin often follows suit.

Considering these factors, Gromen believes that these are the two core reasons for their relatively cautious stance on Bitcoin in the short term.

However, that being said, this analyst is not completely bearish on Bitcoin. On the contrary, he remains optimistic about Bitcoin's long-term prospects. His judgment is that deflationary pressures will eventually trigger an economic crisis, at which point policymakers will inevitably resort to the traditional solution of “massive money printing.” In such a highly leveraged economy facing exponential deflationary shocks, Bitcoin indeed plays an indispensable role as a buffer of equity.

Gromen also mentioned an interesting observation - currently, most market participants have not yet understood the value of Bitcoin from this perspective. However, he expects that in the coming months, more and more people will start to reassess Bitcoin's position through this macroeconomic lens.

BTC-0.37%

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StrawberryIce

· 12-23 11:06

Wait, no money printing in 2026? What should we do with the coins we've been hoarding this year... It's indeed tough in the short term, but looking at it in the long run, Gromen's logic can still stand. The deflationary pressure from AI really can't compete with massive liquidity, and in the end, we will still have to rely on BTC for hedging.

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TopBuyerBottomSeller

· 12-23 11:06

26 years without large-scale printing of money? Then I need to adjust my Coin Hoarding plan... However, in the long run, I still have to hold on, as Bitcoin is the true hedge when deflation arrives.

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SneakyFlashloan

· 12-23 11:04

It hasn't been a flood of capital for 26 years... It will indeed be tough in the short term, but in the long run, when it comes to BTC, there really aren't any better options.

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zkProofInThePudding

· 12-23 11:01

Don't make it so complicated. To put it simply, AI needs deflation; printing money won't help. Bitcoin is as painful in the short term as tech stocks, but in the long run, it is still the hardest asset against inflation.

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