Bitcoin’s price may reach new heights this year thanks to a surge in institutional interest, according to Canary Capital CEO Steven McClurg. He predicts prices could climb towards $140,000-$150,000 before a potential bear market takes hold in 2026. This prediction is based on the increasing investment from institutions such as sovereign wealth funds and pension plans, which are driving both ETF flows and overall price growth. McClurg’s forecast aligns with the rise of institutional involvement in crypto markets. The report highlights the significant impact of these entities, especially as their investments ripple through the wider cryptocurrency landscape. Norges Bank’s recent increase in Bitcoin holdings serves as a strong example. McClurg’s prediction draws parallels to past cycles where institutional investment played a crucial role in market price movements. This forecast comes at a time when broader economic shifts and regulatory changes are shaping the cryptocurrency industry. If realized, McClurg’s prediction could solidify institutional-driven growth in Bitcoin. The future of Bitcoin may be heavily influenced by ETF adoption, as it remains a key driver of price dynamics and investor strategy.