Experienced Analyst Says, “2026 Will Not Be a Year of Money Printing as Expected,” Shares Bitcoin Prediction

According to some analysts, assessments from the macroeconomic front indicate that the expectation of a radical easing of monetary policy next year is weak.

Macro analyst Luke Gromen, in his latest YouTube commentary, stated that he does not expect excessive monetary expansion next year.

The analyst notes that there is no widespread belief that governments and central banks will resort to “large-scale money printing” in 2026, while painting a cautious short-term but optimistic long-term picture for Bitcoin.

According to Gromen, the current economic system has a very high level of leverage, and Bitcoin, in this environment, acts almost like a layer of equity, serving as the last effective “camouflage” for liquidity. The analyst also points out that deflationary pressures created by rapid advancements in artificial intelligence and robotics are intensifying, stating, “Any policy that doesn’t reach the level of large-scale money printing effectively creates a contractionary effect. This can manifest as sharp declines in stock prices and Bitcoin.”

Gromen argued that Bitcoin’s price movements exhibit a structure similar to high-beta technology stocks, and therefore, downside risks outweigh other factors in the short term. In this context, he clearly stated that he does not expect to see monetary expansion on a scale that could be described as “massive money printing” in 2026.

However, Gromen maintains his positive stance on Bitcoin in the long term. He believes that deflation will eventually lead to a crisis, and predicts that large-scale money printing will eventually become a response. Gromen states that Bitcoin plays an equity role in this highly leveraged and deflationary system, adding, “Many people don’t yet consider Bitcoin from this perspective. However, I think this viewpoint will be adopted by a wider audience in the coming months.”