Bill Barhydt, founder and CEO of crypto asset manager Abra Global, said that based on macroeconomic analysis and the rise in global liquidity, bitcoin is expected to trade between $130,000 and $140,000 by mid-summer.
"Bitcoin is a leveraged bet on tech stocks and all of this is going in the right direction, and counterfeit products are going to be leveraged bets on Bitcoin, just like technology stocks in a liquidity-driven bull cycle, where L1 assets like SOL, SUI and APT also get high beta opportunities," explains Bill Barhydt. However, Bill Barhydt is sceptical of Meme and warns investors to be cautious.
Opinion: Rising global liquidity could push BTC to $13- $140,000 mid-summer
2025-04-13 08:33:30
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