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Opinion: The rise in global liquidity may drive BTC to reach $130,000 to $140,000 in mid-summer this year.

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#Bitcoin
Odaily
442Words
Apr 12, 2025

Odaily Planet Daily reports that Bill Barhydt, founder and CEO of cryptocurrency asset management company Abra Global, predicts that the trading price of Bitcoin will range between $130,000 and $140,000 by mid-summer, based on macroeconomic analysis and rising global liquidity.


Bill Barhydt explains, "Bitcoin is a leveraged bet on tech stocks, and all of this is moving in a positive direction, while altcoins will become a leveraged bet on Bitcoin, similar to tech stocks in a liquidity-driven bull market. Assets like $SOL, $SUI, and APT are also gaining high Beta opportunities." However, Bill Barhydt is skeptical about meme coins and warns investors to proceed with caution. (Finbold)

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