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The current cycle will take Bitcoin to $700,000 and Ethereum to $16,000

The current cycle will take Bitcoin to $700,000 and Ethereum to $16,000

HappyCoinNewsHappyCoinNews2025/02/12 18:55
By:HappyCoinNews

Bill Barhydt, CEO of cryptocurrency investment firm Abra Global, said that a “cyclical Valhalla” would take Bitcoin to $700,000 and Ethereum to $16,000.

Barkhydt опубликовал the baseline scenario for the development of events within the current cycle, assuming price growth:

  1. Bitcoin up to $350,000;
  2. Ethereum up to $8,000;
  3. Solana (SOL) up to $900;
  4. Sui (SUI) up to $25.

Under favorable circumstances, the value of the above-mentioned digital assets will reach figures twice as high as those indicated in the base case. That is, according to Bill, Bitcoin will rise in price more than seven times from its current value to $700,000, эфириум — six times to $16,000, Solana — 8,8 times to $1,800, and Sui — 14,7 times to $50.

The cyclical Valhalla is coming. Men with balls of steel will be rewarded according to their merits. Do not rely on my calculations. Think for yourself and act as you see fit, - wrote Bill.

The current cycle will take Bitcoin to $700,000 and Ethereum to $16,000 image 0

Bill Barhydt

Barhydt’s positive outlook is based on his belief that the Trump administration will deliver a rate cut, tax cuts, and a $7 trillion refinancing of the nation’s debt. All of these factors will lead to an “injection of liquidity” that will flood the cryptocurrency market and cause a pump.

Of the digital assets Bill listed, Sui will emerge as the winner of the bull run, lost in value 17% since the beginning of 2025. Apparently, Barhydt believes that this coin has more growth potential than BTC, ETH and SOL, since it has a lower capitalization level and has gone through a healing correction.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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