Bill Barhydrt, founder and CEO of Crypto Asset Manager Abra Global, predicts that Bitcoin (BTC) is likely to rise nearly 70% by the summer of 2025.
Barhydrt’s prediction that Bitcoin will be traded between $130,000 and $140,000 by midsmary is rooted in macroeconomic analysis and increasing global liquidity, which he considers as the main catalyst for the next leg in the crypto market.
In an X post on April 10th, Barydt said Bitcoin prices are closely tied to the broader high-tech sector and, more importantly, the global money supply.
When central banks inject liquidity into their systems, risky assets such as Bitcoin and tech stocks tend to rise. Barhydrt sees Altcoins as a play that utilizes Bitcoin. This reflects liquidity-driven Bull Cycle technology stocks. Generally, as money supply grows, investors gather in Bitcoin as a store of value and high yield opportunities.
“Altcoins will be a leveret bet on Bitcoin. Bitcoin is bet on tech stocks, everything is on the right. There has been a very significant increase in global money supply since the end of December.
Along with Bitcoin, experts are particularly bullish on layer-1 blockchain platforms such as Solana (Sol), SUI (SUI), and Aptos (APT). In his view, these assets offer a high beta opportunity that could outperform Bitcoin’s performance at the next gathering.
Conversely, Barhydrt expressed his skepticism about memecoin and warned investors to approach them carefully. He argued that such assets are likely to reach zero over time and should be treated as speculative theatre alone.
The impact of M2 money supply on Bitcoin price
According to data from Counterflowthe top 21 central bank’s M2 money supply is currently at $108 trillion, growing at 3.79% year-on-year, at the fastest pace since 2022.
Historically, Bitcoin prices have been strongly correlated with the expansion of global money supply. During aggressive currency easing periods, such as 2020 to 2021, BTC announced significant profits. Conversely, large drawdowns often occur during contraction or stagnation of M2 growth.
In line with Barhydt’s predictions, Finbold reported by a prominent crypto trading expert Trade shot A liquidity inflow is expected when Bitcoin reaches $150,000 by the second half of 2025.
Meanwhile, cryptocurrency analysts Highly popular On the X-Post on April 11th, he pointed out that “Golden Bull Run” will start on April 14th. The global liquidity index will be bullish for the first time since 2021. He predicts that Bitcoin could ultimately reach $350,000.
Bitcoin price analysis
As of press time, Bitcoin is trading at $84,440, up 2.5% over the last 24 hours and 1.8% over the past week.
The key focus now is to regain the $85,000 resistance zone. This paves the way for next level to win the $90,000.
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