Luke Gromen pares Bitcoin exposure as BTC trails gold; eyes $40,000 in 2026

Global macro analyst Luke Gromen reiterated in December 2025 that he remains bullish on currency debasement but is reducing near‑term Bitcoin risk. He told RiskReversal a move toward the $40,000 range in 2026 is possible, pointing to BTC’s underperformance versus gold, breaks below key moving averages, and market chatter around quantum computing.