Viewpoint: Global liquidity increase may drive BTC to reach $130000-140000 by mid summer

星球日报
星球日报|Apr 13, 2025 08:00
Odaily Planet Daily News: Bill Barhydt, founder and CEO of crypto asset management company Abra Global, stated that based on macroeconomic analysis and the rise in global liquidity, it is expected that Bitcoin trading prices will be between $130000 and $140000 by mid summer. Bill Barhydt explained, "Bitcoin is a leveraged bet on technology stocks, and all of these are developing in a positive direction, while altcoins will become a leveraged bet on Bitcoin, just like technology stocks in a liquidity driven bull market cycle. L1 assets such as SOL, SUI, and APT have also gained high beta value opportunities However, Bill Barhydt is skeptical of Meme coin and warns investors to be cautious. (Finbold)
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