Quick summary: Luke Gromen (founder of FFTT, macro analyst) reportedly sold all his Bitcoin holdings after accumulating below $30K (2022–2023). He is now warning of a potential major correction for BTC in the short term and presents several reasons supporting a significant downturn scenario—followed by a possible monetary policy "pivot" in 2026 that could change the market direction.
Why Gromen is cautious (core argument):
- Liquidity remains tight — The Fed is not ready to make significant easing in the near term.