Well now, pilgrim, if ye set store by the say-so of one Steven McClurg-a gent who trades under the high-soundinâ name of Canary Capital-then that rambunctious critter they call Bitcoin is fixinâ to kick up another twenty-odd percent before somebody slams the gate on the rodeo next year. He figures the pesky coin will gallop clean up to one-hundred-and-forty-or-fifty thousand simoleons afore it turns around and bites everâbody in the pocketbook.
Last I looked, the price was loafinâ along at $117,867-a figure so plump it already has bankers checkinâ their suspenders and retail investors sniffinâ moon-dust.
McClurg says the commotion ainât nothinâ but ETF money sloshinâ around like bourbon at a church picnic. Sovereign wealth boys, Treasury fellers, and insurance grandees are all buyinâ in like their suspenders caught fire. âThatâs the whole blame engine,â he swears-though he admits the boiler might run cooler once them Treasurers have had their fill.
Now donât get too giddy. While heâs cheerinâ for a short-term sugar-rush, the manâs got one eye on the national ledgers, where debts are stacked higher than a riverboat on stilts. Student loans is defaultinâ worseân 2009, credit cards squealinâ, mortgages groaninâ-the whole country singinâ tenor in the key of âuh-oh.â Says heâs bettinâ the Fedâll snip interest rates come September and October, which is banker talk for âletâs toss cheaper hay to the horses.â
As for cousin Ethereum, McClurg snorts like a mule with a toothache-calls it âoutdated technology,â which to me sounds like sayinâ yer prize milk cow is only yesterdayâs butter. Litecoin, on the other hand, he dubs âthe silver to Bitcoinâs gold,â givinâ Charlie Lee a tip oâ the hat like a riverboat gambler flippinâ an ace off the bottom of the deck.
SECâs busy cobblinâ together some sort of one-size-fits-all ETF frame-might let the likes oâ XRP, Litecoin, and whatever odd altcoin wants to dance take center stage afore the yearâs out. Canaryâs even filed for a staked Tron ETF so folks can sit back, sip iced tea, and harvest yield like cotton in August.
But hold yer horses: come 2026, he reckons some broad bear might lumber out of the economic woods and swat the market plum across the snout. Until then, though, heâs wagerinâ easy money and the big boysâ appetite will keep the Bitcoin buggy rollinâ-right on up to fresh all-time records, or so he claims, between bites of fried catfish and financial wisdom.
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2025-08-17 20:00