Bull Run Resumption Coming?
Bill Barhydt expects an explosive bull run resumption by the first quarter of this year. He predicts that Bitcoin could hit $700,000, while Ethereum could climb to $16,000. This prediction is based on the idea that the Trump administration will seek to cut interest rates and inject massive liquidity into the economy, including to refinance over $7 trillion in debt.
“My model is simple. This administration wants much lower interest rates and they will do whatever they have to do to get there. They also need to refinance over $7 trillion in debt. Tax cuts are coming. All of this amounts to a massive injection of liquidity, whether it’s through QE or otherwise.” »
A SOL Exploding?
In addition to Bitcoin and Ethereum, Barhydt also sees huge potential for other altcoins like Solana (SOL), which could reach $900. He calls this coming period a “cyclical Valhalla,” a time when cryptocurrencies will fully benefit from quantitative easing (QE) and the increase in the money supply.
While these predictions are optimistic, the market remains volatile. Arthur Hayes, former CEO of BitMEX, recently warned that Bitcoin could fall back to $70,000 to $75,000 before starting to rise again. However, if the Trump administration’s monetary policies play out as Barhydt predicts, we could see another phase of explosive growth for cryptocurrencies.