The latest news is here! The CEO of Canary Capital, Steven McClurg, has made a bold statement: he believes Bitcoin will soar to $150,000 by the end of this year! However, he also poured cold water on it, saying that there might be another bear market in 2026. Additionally, he expressed doubts about whether Ethereum can maintain its recent surge. Well, as for 2026, that's beyond my control; I only care about the present!
His prediction is not baseless; everyone knows the current market situation, and we're almost touching historical highs. The big players in the institutions are pouring money into Bitcoin ETFs. McClurg mentioned that this wave of increase relies mainly on two factors: the explosive demand for ETFs and the growing number of institutions buying Bitcoin, including sovereign wealth funds, pensions, and corporate finance departments, all of which are entering the market.
The big shots are optimistic about Bitcoin's short-term (this year) rise to $150,000, with institutional buying being the core driving force; however, there is bear market risk in the long term (2026); he is not too confident about Ethereum's current surge, but the movements of institutions are definitely worth keeping an eye on, so that we don't regret it later! #美联储取消创新活动监管计划 $ETH
