Bitcoin has a 50% chance of reaching $150,000 by the end of 2025
Date: 2025-08-18 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
Canary Capital CEO Stephen McClurg told CNBC that Bitcoin has a 50% chance of growing to $140,000–$150,000 by the end of 2025. However, in his opinion, a new bearish cycle will begin in 2026.
He attributed the growth of current quotes to increased demand from ETFs and institutional players. The expert named pension funds, sovereign wealth funds, and companies that include cryptocurrency in their treasury reserves as key drivers. McClurg noted that it is these capital flows that create the foundation for an increase in the value of Bitcoin.
The statement came amid Canary's filing of applications for registration of new exchange-traded funds in the US, focused on altcoins. At the same time, there are no solutions related to Ethereum among the products.
The head of the company himself spoke sharply about the second-largest cryptocurrency. He called the Ethereum network "outdated technology", emphasizing that the ecosystem already has protocols that surpass it in speed, low cost of transactions and security.
According to McClurg, Ethereum has shown confident development for about five years, but is now noticeably inferior to competitors such as Solana and Sui. He believes that it is unlikely that Ethereum will update its historical maximum in the current market cycle, despite the fact that on August 13, the coin's rate approached record levels.
Separately, McClurg mentioned Litecoin, drawing a parallel between it and silver in relation to the "golden" Bitcoin. In his opinion, this cryptocurrency has a chance to return to the attention of investors.
At the same time, the expert warned traders against seasonal risks. He recalled that August is traditionally considered a weak month for high-risk assets, including cryptocurrencies, while September and October, on the contrary, have historically demonstrated stronger results.
Earlier, MN Trading founder Michael van de Poppe noted that the $121,000 level would be a key milestone for the resumption of Bitcoin's confident growth.
Thus, the probability of a significant rise in BTC remains on the horizon until the end of 2025, but at the same time, experts warn of the approach of a new cycle of decline, which may begin in a year.
