Analyst predicts BTC could fall to $40K by 2026

Macroeconomic expert Luke Gromen has predicted that BTC could potentially fall to $40,000 by 2026. He argued that while the so-called debasement trade—a strategy to hedge against the falling value of fiat currencies—will persist, capital is more likely to flow into gold and specific stocks rather than Bitcoin. Gromen suggested that, fundamentally, all assets except for gold and the U.S. dollar appear to be facing a potential crisis. He also cited several other reasons for his bearish short-term outlook on BTC, including its failure to reach a new all-time high relative to gold, its break below key moving averages, and the risk of quantum computing attacks.