Canary CEO dey see say Bitcoin go hit $150K before bear market
Canary Capital CEO Steven McClurg talk say Bitcoin fit jump 19–27% to $140K–$150K before bear market go land next year. Him dey warn say economy go soon drop and e expect Fed go reduce rate for September and October. McClurg talk say spot Bitcoin ETF money and corporate treasury buys—from sovereign wealth funds to insurance companies—na dem make recent rally strong. But others like Michael Saylor believe say no more crypto winter again and Bitcoin fit reach $1 million, while Bitwise CIO Matt Hougan dey see 2026 as strong bull market year.
Bullish
McClurg tok say say wan plenti Bitcoin rally go happen before di next bear market, e reinforce say market go dey bullish. Im focus on steady spot Bitcoin ETF inflows plus wetin corporate treasury dey buy dey similar to di first big jumps wey happen after dem approve ETF for 2024, wey carry Bitcoin pass $70K. Dis kain high-profile forecast fit make traders get confidence, wey go drive short-term buying pressure. Even though macroeconomic wahala fit come and bear market fit follow later, di near-term outlook still positive as traders fit chase di forecast 19–27% upside. For history, these kain reason wey people talk dey usually make bullish momentum strong, e mean say dis kain news fit make prices rise for di coming months even if volatility go increase before economic downturn wey dem dey expect.