Bitcoin Exec: 50%+ Chance BTC Hits $150K Before Next Bear Market

Canary Capital CEO Steven McClurg predicted on CNBC that Bitcoin (BTC) has a 50%+ chance of reaching $140,000–$150,000 by the end of 2025 before a bear market emerges, driven by robust institutional demand and ETF inflows. As of August 17, 2025, Bitcoin trades at $117,243, per CoinMarketCap, implying a potential 19–27% upside.

McClurg attributes the bullish outlook to $151.98 billion in U.S. spot Bitcoin ETF assets, with BlackRock’s IBIT alone holding $57 billion. Corporate treasury allocations, like Strategy’s $77.2 billion BTC reserves, and sovereign adoptions, such as El Salvador’s $768 million portfolio, further fuel momentum. President Trump’s executive order allowing cryptocurrencies in 401(k) plans could boost retail exposure, per deVere Group’s Nigel Green.

The 2024 Bitcoin halving, reducing supply growth to 0.8% annually, amplifies scarcity, with exchange reserves dropping to 2.51 million BTC, per CryptoQuant. Analyst Immortal, known for calling the 2022 bottom, supports a $150,000 peak based on historical cycles. However, McClurg warns of economic risks, citing U.S. debt concerns and delayed Federal Reserve rate cuts.

Sentiment on X is optimistic, with @el_crypto_prof noting a breakout from a seven-month inverse head-and-shoulders pattern, targeting $155,000–$161,000. Yet, bears highlight potential corrections, with liquidity hunts at $95,000–$100,000, per trader Mark Cullen.

Investors should brace for volatility, as past cycles saw 30–40% drawdowns before peaks. With global liquidity and policy support aligning, $150,000 appears achievable, but macro shocks could delay the rally. Diversification and timing remain key for navigating Bitcoin’s 2025 trajectory.