Arete Capital Partner: Bitcoin may struggle to reach new highs in 2025, but could break $150,000 in the second half of 2026.

According to Odaily Planet Daily, McKenna, a partner at Arete Capital, pointed out in her market outlook that Bitcoin still has significant room for a short-term correction, with a maximum drop of up to 31%; however, in the long term, institutional buying and capital inflows will drive prices to new highs in the coming years.

McKenna stated that Bitcoin has broken below its 50-week moving average, potentially triggering further downward pressure. Potential support levels include $96,200 (a high-volume trading area), $93,300 (the opening price at the beginning of the year and the midpoint of the range), and the $86,000–$91,000 range (which, if fully corrected, would correspond to approximately a 31% retracement). He pointed out that the price has twice found support near $92,000, which is generally considered a good entry point for staggered trades.

Despite anticipating a potential short-term correction, McKenna emphasizes viewing pullbacks as opportunities to increase spot holdings. He believes Bitcoin may not break its all-time high in 2025, but the price is expected to rise above $150,000 in the second half of 2026 and surpass $200,000 before the end of President Trump's term. He anticipates institutional demand, increased ETF holdings, and a new wave of capital inflows in 2026 will be key drivers of long-term gains.