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OdailyChina

🔴 Opinion: Rising Global Liquidity May Push #$BTC to $130-140K by Mid-Summer

Abra Global founder and CEO Bill Barhydt says that based on macroeconomic analysis and rising global liquidity, he expects Bitcoin to trade between $130,000 and $140,000 by mid-summer.

Bill Barhydt explained, "Bitcoin is a leveraged bet on tech stocks, and all of that is moving in a positive direction, while altcoins will become a leveraged bet on Bitcoin, which is exactly like tech stocks in a liquidity-driven bull market cycle. L1 assets such as $SOL, SUI, and APT are also gaining high Beta opportunities." However, Bill Barhydt is skeptical of Meme coins and warns investors to be cautious.

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