Canary Capital CEO Talk Say Bitcoin Go Jump Reach $150K Then Bear Market Go Follow for 2026
Canary Capital CEO Steven McClurg tok to CNBC Crypto World sey Bitcoin price fit reach $140,000–$150,000 by di end of di year, as e dey pushed by institutional money wey dey flow into spot ETFs from big investment funds, sovereign wealth funds, pension funds and insurance companies. E yan di recent US crypto laws dem progress: altcoin ETFs fit start by September or October under di SEC new listing standards, and stablecoin law na big turning point. McClurg talk sey if Fed cut rate, e fit push Bitcoin price reach $150K, but e still warn sey increasing card, student loan and mortgage default fit trigger one big bear market for 2026. E also show caution on Ethereum outdated technology and announce spot ETF application for Litecoin, talk sey code updates and Ordinals integration don make am more attractive.
Bullish
Di CEO talk say Bitcoin price go climb reach $140K–$150K by year-end, because plenty institution dey pour money inside spot ETFs and regulation clear wella, e mean say immediate bullish vibe dey. History don show us – like how dem approve spot ETF for 2021 come make price soar – say when institution start to adopt, price dey sharp up. But make una no forget say warning dey about credit default wey go rise and full bear market wey fit happen for 2026, e mean say medium-term bearish risk still dey. Traders fit react by to buy more quick quick for short term, while dem go also dey do cover for downside and take small profit slowly for long term.