Bitcoin is trading around 79 thousand 7 hundred dollars after gaining roughly 20 percent in market value over the past week, and Abra CEO Bill Barhydt says the run is not over yet. Speaking with podcaster Scott Melker, Barhydt forecasted Bitcoin pushing to 85 thousand dollars before a leverage reset pulls it back toward the low 70 thousands, followed by a gradual climb into a range of 100 thousand to 110 thousand dollars. Barhydt also expects altcoins to start outperforming Bitcoin once the initial leverage-driven phase clears. His bigger thesis reaches well beyond price targets. Barhydt argues Bitcoin's real role in the coming decade will be as what he calls pristine collateral inside an artificial intelligence-driven financial system. As AI agents begin transacting autonomously across lending markets, perpetual futures, and machine-to-machine payments, Barhydt believes stablecoins will initially dominate the payment layer while Bitcoin gradually becomes the preferred reserve collater...
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