Bitcoin to Rally 70% by Summer 2025, Says Abra CEO

Bill Barhydt, the founder and CEO of Abra Global, a leading crypto asset manager, has set a price target for Bitcoin (BTC) by the summer of 2025. Barhydt predicts that Bitcoin will rally by nearly 70%, reaching a price range between $130,000 and $140,000. This projection is based on macroeconomic analysis and the rising global liquidity, which Barhydt views as a significant catalyst for the next leg up in crypto markets.

Barhydt's prediction is rooted in the close relationship between Bitcoin's price and the broader tech sector, as well as 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 the money supply grows, investors flock to Bitcoin as a store of value and high-yield opportunity.

Barhydt's analysis suggests that the current increase in global money supply indicates that Bitcoin should reach new highs by mid-summer at the latest. He also expressed optimism about layer-1 blockchain platforms like Solana (SOL), Sui (SUI), and Aptos (APT), viewing them as high-beta opportunities that may surpass Bitcoin’s performance in the next rally. Conversely, he cautioned investors about meme coins, warning that such assets are likely to trend toward zero over time and should be treated solely as speculative plays.

Historically, Bitcoin’s price has strongly correlated with expansions in global money supply. During periods of aggressive monetary easing, such as in 2020 to 2021, BTC posted massive gains. Conversely, major drawdowns have often occurred during contractions or stagnation in M2 growth. According to data from CounterFlow, the M2 money supply across the top 21 central banks currently sits at $108 trillion, growing at a year-over-year rate of 3.79%, its fastest pace since 2022.

Aligning with Barhydt’s prediction, prominent crypto trading expert TradingShot expects the influx of liquidity to push Bitcoin as high as $150,000 by late 2025. Meanwhile, cryptocurrency analyst Lofty noted in an April 11 X post that the “Golden Bull Run” begins April 14, as the Global Liquidity Index turns bullish for the first time since 2021. He forecasts that Bitcoin could eventually hit $350,000.

Barhydt's optimistic outlook is based on several factors, including the increasing institutional adoption of Bitcoin, the growing acceptance of cryptocurrencies as a legitimate asset class, and the potential for regulatory clarity that could boost investor confidence. However, it is important to note that the cryptocurrency market is highly volatile, and external factors such as regulatory changes, geopolitical events, and technological advancements can significantly impact Bitcoin's price trajectory.

In conclusion, while Barhydt's projection of a nearly 70% rally in Bitcoin's price by summer 2025 is ambitious, it is supported by historical data and current market trends. The cryptocurrency market's volatility and the range of expert opinions underscore the need for cautious optimism and a long-term perspective when considering investments in digital assets.