BlockBeats reports that on August 17, according to Decrypt, Canary Capital CEO Steven McClurg stated that Bitcoin could rise to $150,000 by the end of this year, but a new bear market is expected in 2026. At the same time, he expressed skepticism about whether the recent rise of Ethereum can be sustained.
This Bitcoin prediction comes as the cryptocurrency market approaches historical highs, with institutional investors flocking to Bitcoin ETFs.
He attributed this rise to the growing demand for ETFs and the expanding group of institutional buyers, including sovereign wealth funds, pension funds, and corporate finance departments.
