Top crypto asset manager sets Bitcoin’s price target for summer 2025
Bill Barhydt, founder and CEO of Abra Global, a crypto asset manager, is projecting that Bitcoin (BTC) will likely rally by nearly 70% by summer 2025. Barhydt’s prediction that Bitcoin will trade between $130,000 and $140,000 by mid-summary is rooted in macroeconomic Analysis and rising global liquidity, which he views as a major catalyst for the next leg up in crypto markets. In an X post on April 10, Barhydt stated that Bitcoin’s price is closely tied to the broader tech sector and, more importantly, to the global money supply. As central banks inject liquidity into the system, risk assets like Bitcoin and tech stocks tend to rise. Barhydt sees altcoins as leveraged plays on Bitcoin, which mirrors tech equities in liquidity-driven bull cycles. Generally, as money supply grows, investors flock to Bitcoin as a store of value and high-yield opportunity. “Altcoins are going to be a levered bet on Bitcoin. Bitcoin is is a levered bet on tech stocks...