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Bitcoin’s price trajectory could hinge on global M2 liquidity trends, according to Abra CEO Bill Barhydt. Citing charts by Raoul Pal and Julien Bittel, he predicts a potential rally to $130K—but warns of volatility ahead. Traders are split on whether macro liquidity truly drives daily BTC moves.
- Abra CEO cites M2-Bitcoin charts predicting a dip to $100K followed by a $130K ATH by September.
- Global M2 money supply hits $111T, but analysts debate its real-time impact on BTC price action.
- Barhydt warns traders to manage leverage amid potential volatility, calling BTC a 'liquidity sponge'.
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