Bitcoin Price Forecast: Canary Capital CEO Predicts $140,000-$150,000 by Year-End, Warns of Bear Market in 2026

Canary Capital CEO Steven McClurg predicts Bitcoin could reach $140,000-$150,000 by year-end, driven by institutional inflows and regulatory progress. However, he warns of a potential bear market in 2026 if the US economy weakens due to rising defaults. McClurg is cautious on Ethereum, but optimistic about Litecoin, which he believes will regain strength due to code updates and Ordinals integration.

Bitcoin, the world's leading cryptocurrency, has been the subject of numerous price predictions, with varying views on its future trajectory. As of July 2, 2025, Bitcoin's price stands at $117,322.8, with a 24-hour price change of -0.85% [1].

Short-Term Predictions

According to Bitget, a leading cryptocurrency exchange, Bitcoin's price is projected to reach $120,725.85 today, based on a daily growth rate of +0.014% [1]. For the upcoming week, the price is expected to rise to $120,810.38 by August 20, 2025, with a predicted monthly growth rate of +0.42% [1]. These short-term predictions suggest a gradual increase in Bitcoin's value, driven by market sentiment and institutional inflows.

Long-Term Predictions

Looking further ahead, Bitget's long-term price predictions are more optimistic. Based on an annual growth rate of +5.0%, the price of Bitcoin is expected to reach $177,513.17 by the end of 2025, $186,388.82 in 2026, and $226,556.78 in 2030 [1]. These predictions indicate a steady appreciation of Bitcoin's value over the next decade, driven by factors such as regulatory progress, increased adoption, and technological advancements.

Canary Capital CEO Steven McClurg's Perspective

Steven McClurg, CEO of Canary Capital, predicts that Bitcoin could reach $140,000-$150,000 by year-end, driven by institutional inflows and regulatory progress. However, he warns of a potential bear market in 2026 if the US economy weakens due to rising defaults. McClurg is cautious on Ethereum but optimistic about Litecoin, which he believes will regain strength due to code updates and Ordinals integration [2].

Conclusion

While short-term predictions suggest a gradual increase in Bitcoin's value, long-term forecasts are more optimistic. However, it is essential to remember that cryptocurrency markets are volatile and subject to numerous external factors. As always, investors should conduct thorough research and consider seeking professional advice before making any investment decisions.

References

[1] https://www.bitget.com/price/bitcoin/price-prediction
[2] Canary Capital CEO Steven McClurg Predicts Bitcoin Could Reach $140,000-$150,000 by Year-End