According to CoinPaper, global macro analyst Luke Gromen has adopted a more cautious near-term outlook on Bitcoin, warning that the asset could fall as low as the $40,000 range in 2026 due to macroeconomic conditions and investor narratives. Gromen, while still supportive of the long-term debasement thesis, argues that gold and select equities are currently better positioned than Bitcoin to benefit from rising debt and fiscal dominance. His comments were made during a broader backdrop of macro uncertainty, with analysts questioning whether Bitcoin can sustain gains following the launch of US spot ETFs.
Luke Gromen Warns Bitcoin Could Fall to $40K in 2026 Amid Macroeconomic Shifts
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Summary
Bitcoin news: Global macro analyst Luke Gromen has warned that Bitcoin could drop to $40,000 by 2026 due to shifting macroeconomic conditions. While he remains bullish on Bitcoin’s long-term potential, Gromen suggests gold and certain equities may outperform amid rising debt. His comments come as traders monitor altcoins to watch and assess whether Bitcoin can maintain momentum after the launch of US spot ETFs.
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