Bitcoin (BTC) To Reach $125K By Q2, Predicts Bybit's Shunyet Jan

Bitcoin's surge to a new all-time high is just the beginning, says Shunyet Jan, Head of Derivatives at Bybit. If the current trend continues, he predicts Bitcoin could reach $125K by the end of Q2.

Bitcoin price is on the move again as the flagship cryptocurrency breaks a new all-time high and attracts the attention of big players. After recently slipping below the $111K level, experts are issuing bullish predictions, expecting it to climb even higher. But what’s really driving the surge? Let’s find out.

Bitcoin To Reach $125K By Q2

According to Shunyet Jan, Head of Derivatives at Bybit, Bitcoin’s surge to a new all-time high is just the beginning. If the current trend continues, he predicts Bitcoin could reach $125K by the end of Q2.

“We’re seeing a unique convergence of factors—regulatory clarity, institutional inflows, and macroeconomic shifts—that are accelerating mainstream adoption.”

The consistent capital inflows into spot Bitcoin ETFs show that institutional investors are increasingly recognizing Bitcoin as a legitimate asset class. Moreover, Bitcoin’s inverse correlation to the dollar is further boosting its role as digital gold.

With Bitcoin holding strong above $110K, Bybit’s $125K target by quarter’s end shows the rising confidence in BTC as a key player in the future of global finance.

Jan also highlighted the recently introduced GENIUS Act and said that having clear rules like this helps build trust and create the infrastructure needed for broader adoption.

“Having clear crypto regulations like the GENIUS Act is crucial for large-scale adoption. It provides the legal and technical framework to guide development and minimize risk, fostering trust among users and institutions.”

Cautious Outlook For Altcoins

While he was bullish on Bitcoin, he was a bit cautious on altcoins. He noted that while Ethereum and other top coins may follow Bitcoin, high interest rates and global uncertainty might stop smaller tokens from rising as much.

Analyst Scott Melker also predicts Bitcoin to hit $250,000 by the end of 2025, driven by strong institutional demand and a stable market. He pointed out that Bitcoin’s volatility has dropped considerably and its ties with trad-fi could drive the next big rally.

Bitcoin Is Undervalued, Says Adam Back

Adam Back, the CEO of Blockstream, believes that Bitcoin is highly undervalued and could soar to $500,000-$1 million per coin in this market cycle.

He was surprised at Bitcoin’s current price level despite the rise in institutional interest and breakthroughs in the industry. According to him, the price does not reflect the bullish momentum building behind Bitcoin.

“How is Bitcoin at only $100,000 yet, despite all the macroeconomic craziness, and with all the M.I.T. Ph.D.’s in applied math and computer science working on Bitcoin at Blockstream and other institutions, and relative to other assets in the financial markets?”

Standard Chartered’s Geoffrey Kendrick predicts Bitcoin will hit $200,000 by 2025 and soar to $500,000 by 2029, driven by a shift away from U.S. assets. Meanwhile, Bernstein forecasts Bitcoin reaching $200,000 in the current bull run.

Bitcoin has slipped 4% today to $107,200 while the broader market and stocks also pulled back as President Trump threatened a 50% tariff on all E.U. goods.