Bitcoin Could Reach $125K by End of Q2, Says Bybit Executive
- Shunyet Jan, Head of Derivatives at a major crypto exchange, predicts Bitcoin could hit $125,000 by the end of Q2.
- This forecast represents a 16% increase from its current level near $108,000.
- The prediction is based on regulatory clarity, steady fund flows, and a weaker US dollar.
- The GENIUS Act provides stablecoins with defined rules, potentially increasing institutional confidence in crypto.
- Spot Bitcoin ETFs are attracting new capital from institutions.
According to Shunyet Jan’s analysis, Bitcoin might climb to $125,000 if current buying trends continue and regulatory conditions remain favorable. This would be a significant increase from its present trading value.
Source (2.6)https://www.newsbtc.com/news/bitcoin/bitcoin-to-125k-by-end-of-q2-bold-call-from-bybit-executive/?rand=52377
