The Anfield chief says this summer was the right moment for both player and club "to make a break" but insists Brendan Rodgers' attack will remain "explosive" without the striker.
The 27-year-old, whose 31 goals helped Liverpool finish second in the Premier League last season, joined the Spanish club in an 88 million-euro deal earlier this month.
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Suarez is currently serving a four-month ban for biting Italy defender Giorgio Chiellini during Uruguay's World Cup fixture June 19.
But despite Suarez's departure, Henry believes that Liverpool's attack will remain "explosive" next season.
"It was time for Luis and time for the club to make a break," Henry told NBC. "He brought so much to the club but we brought a lot to Luis. [Without him] I think you will still see a very explosive Liverpool offense."