Abra CEO Predicts Bitcoin Could Reach $130,000 Amid Liquidity Surge

Bill Barhydt, CEO of Abra, shared a collage of global M2 versus Bitcoin charts that suggest potential price movements for Bitcoin. Key points include:

Charts predict a dip to around $100,000 before a rise to a new all-time high (ATH) of $130,000 in August/September.
Barhydt emphasized the need for global liquidity to increase significantly, asserting Bitcoin's role as a major absorber of monetary excess.
He warned traders about potential pullbacks, suggesting a possible decline to $95,000 before any summer rally.
Despite concerns about market saturation, Barhydt noted that retail interest in crypto remains low.
Liquidity experts, including Raoul Pal, argue that rising world-money supply heavily influences Bitcoin prices.
Current Bitcoin price is $104,625.

Barhydt's insights highlight the importance of liquidity trends and their impact on Bitcoin's future price movements.