Canary Capital’s McClurg Sees Bitcoin Soaring to $150K Before Inevitable Downturn

Aug 17 2025 bitcoin


Bitcoin could reach $150,000 before facing a bear market, Canary Capital CEO Steven McClurg said in a recent interview. The Canary CEO cited a confluence of sustained inflows into spot bitcoin exchange-traded funds (ETFs)—projected at over $1 billion weekly—a persistently dovish Federal Reserve outlook despite lingering inflation concerns, and accelerating institutional adoption that has driven

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