Opinion: Rising macroeconomics and global liquidity may push BTC to $130,000-140,000 by mid-summer
2025-04-13 07:59
Odaily News Bill Barhydt, founder and CEO of crypto asset management firm Abra Global, said 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 technology stocks, all of which are moving in a positive direction, and altcoins will become leveraged bets on Bitcoin, just like technology stocks in a liquidity-driven bull market cycle, and L1 assets such as SOL, SUI and APT have also gained high Beta opportunities." However, Bill Barhydt is skeptical of Meme coins and warns investors to be cautious. (Finbold)
