Arete Capital Partner: Bitcoin may not reach a new all-time high in 2025, but will exceed $150,000 in the second half of 2026.

PANews November 14 news, Arete Capital partner McKenna stated that Bitcoin may face a market adjustment risk of up to 31% in the short term, but in the long run, institutional get on board and capital inflows will drive prices to new highs in the coming years. He pointed out that the price of Bitcoin has fallen below the weekly 50-period moving average, which may trigger further declines. Key potential support levels include $96,200 (a high trading volume area), $93,300 (the year-to-date opening price and the midpoint of the range), and $86,000-$91,000 (the “blank zone” of prices in the worst-case scenario. If the price fills this area, it would mean a drop of about -31%). He mentioned that Bitcoin has found support near $92,000 twice, and these levels are usually good entry points. Despite predicting short-term pullback risks, McKenna stated that he would view potential declines as an opportunity to buy spot Bitcoin. He predicts that Bitcoin may not reach an all-time high in 2025, but the price will exceed $150,000 in the second half of 2026 and break $200,000 before the end of President Trump's term. He believes that the continuous entry of institutions, the increase in Bitcoin ETFs, and the inflow of new funds in 2026 will be the main drivers of long-term growth. Related reading: Trading moment: The Federal Reserve's hawkish stance puts pressure on the market, with Bitcoin's $100,000 turning into resistance, market attention focuses on the 92,000-94,000 support zone.