Bitcoin at $350,000 and an $8,000 Ether price are “base cases” for Abra’s Bill Barhydt.
Bitcoin (BTC ) is due to hit a giant $700,000 this cycle thanks to a “massive liquidity injection.”
In X posts on Feb. 8, Bill Barhydt, founder and CEO of crypto asset manager Abra, said that he expects “cyclical Valhalla” to start in Q1.
Bitcoin at $350,000 is now the “base case” for Abra’s Bill Barhydt, a longtime crypto industry executive.
Read more,Visual Description:
The image is a dynamic, futuristic cityscape at night, illuminated by shimmering lights and digital displays. In the foreground, a colossal, gleaming golden Bitcoin monument dominates the scene, symbolizing its monumental value and central role in the narrative. Ether, represented by a sculptural form that resembles its diamond logo, is placed slightly in the background but is still prominently lit, glowing vibrantly against the darker skyline.
The scene is viewed from a high vantage point, giving a sense of grandeur and expansiveness. The sky above the city is a deep indigo, dotted with stars, suggesting a limitless horizon. Across this night sky, digital projections of graphs and numeric data pulse and flow, showing upward trajectories and highlighting the mentioned price points of “$350,000” for Bitcoin and “$8,000” for Ether. These projections are not only informative but also add a layer of visual dynamism.
In the far distance, the outline of a mountain is visible, alluding subtly to “cyclical Valhalla,” evoking an image of an ultimate, almost mythical destination in the financial landscape.
This visually striking tableau not only captures the essence of a rapidly evolving digital economy but also evokes a sense of awe and optimism toward the future potentials of cryptocurrency.
Tags: Bitcoin, Ether, cryptocurrency, futuristic city, digital economy, financial technology, investment