McKenna, a partner at Arete Capital, forecasts that Bitcoin may not achieve a new all-time high in 2025 but is expected to exceed $150,000 in the latter half of 2026. Despite a potential short-term market correction of up to 31%, McKenna sees institutional investment and capital inflows as key drivers for Bitcoin's long-term growth. He highlights that Bitcoin's price has dipped below the 50-week moving average, suggesting further declines could occur, with support levels at $96,200, $93,300, and $86,000-$91,000. McKenna notes that Bitcoin has twice found support around $92,000, which he considers favorable entry points. He remains optimistic about Bitcoin's future, predicting it will break through $200,000 before the end of President Trump's term, driven by increased institutional holdings and Bitcoin ETF investments.