Thread
Luke Gorman is without doubt one of my favourite macro commentators to listen to
Recently he’s been bearish Bitcoin, to his credit he is saying what he believes, and taken some profits
I think he’s wrong in terms of price action
Macro indicators could well be showing a tough start to 2026, and often Bitcoin is the canary in the coal mine when it comes to economic strife
But we’re only ever just one public announcement away from a total shift
Just one big player
And boom
The whole market can just accelerate to a new tier
Digital scarcity has never been seen before
All models are wrong, some are helpful
And price gains happen fast
Really fast
So timing the market is MUCH harder, than time in the market
So there is no place I prefer to be than long Bitcoin
GM
💪🏻
Replies (7)
I like Luke but he shit the bed with that one & I'm sure he will admit that with time.
I didn't realise he'd been in as long as he had.
Yeah he seems a straight shooter, in that he explains what he sees with integrity
Not many would be willing to actually do that
We’re all wrong all the time
Time will tell!
🙏🏻
Yup
Over the last 5 years I've learnt to trust my gut even when everything in my mind sees reason to doubt it.
For the last 2 years I've been repeatedly been shown to be patient. That I'm early but not wrong.
I had no idea I'd have to be this patient.
This is the definition of the “diamond hands” in my mind
And highlights the truth: just because you’re early, doesn’t mean you’re wrong
Indeed, being early can feel wrong, purely as a function of the status quo
Bitcoin is a threat to all financial advisors's business models.
