比特币（BTC）将以Q2的价格达到$ 125K，预测Bybit的Shunyet Jan

Bybit的衍生产品负责人Shunyet Jan说，比特币达到新的历史最高水平仅仅是开始。如果目前的趋势继续下去，他预计比特币将在第二季度结束时达到12.5万美元。

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.

随着旗舰加密货币打破了新的历史最高水平，并引起了大玩家的注意，比特币价格再次处于行动。在最近滑倒了11.1万美元的水平之后，专家们发布了看涨的预测，预计它会攀升得更高。但是是什么真正推动了激增？让我们找出答案。

Bitcoin To Reach $125K By Q2

比特币达到$ 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.

据Bybit的衍生产品负责人Shunyet Jan表示，比特币的新历史高潮仅是开始。如果目前的趋势继续下去，他预计比特币将在第二季度结束时达到12.5万美元。

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

“我们看到了各种因素的融合，包括调节性清晰，机构流入和宏观经济转变 - 正在加速主流采用。”

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.

一致的资本流入现货比特币ETF表明，机构投资者越来越多地将比特币视为合法的资产类别。此外，比特币与美元的逆相关性进一步促进了其作为数字黄金的作用。

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.

随着比特币高于11万美元的强势，拜比特（Bybit）的$ 125K目标是四分之一末的目标，这表明对BTC作为未来全球财务的关键参与者的信心上升。

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.

Jan还强调了最近引入的《天才法》，并说，拥有这样的明确规则有助于建立信任并创建更广泛采用所需的基础设施。

“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.”

“拥有像《天才法》这样的明确加密法规对于大规模采用至关重要。它提供了指导发展和最小化风险，促进用户和机构之间的信任的法律和技术框架。”

Cautious Outlook For Altcoins

谨慎的山寨币前景

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.

当他看好比特币时，他对Altcoins有些谨慎。他指出，尽管以太坊和其他顶级硬币可能遵循比特币，但高利率和全球不确定性可能会阻止较小的令牌增加。

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.

分析师斯科特·梅尔克（Scott Melker）还预测，到2025年底，比特币在强劲的机构需求和稳定的市场驱动下，将达到25万美元。他指出，比特币的波动率大大下降，与Trad-Fi的联系可能会推动下一次大型集会。

Bitcoin Is Undervalued, Says Adam Back

亚当说，比特币被低估了

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.

Blockstream的首席执行官亚当（Adam Back）认为，在这个市场周期，比特币被低估了，每枚硬币可能会飙升至500,000至100万美元。

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.

尽管机构利益和行业的突破性提高，但他对比特币目前的价格水平感到惊讶。据他说，价格并不能反映比特币背后的看涨势头。

“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?”

“尽管所有的宏观经济疯狂，以及所有麻省理工学院博士学位的应用数学和计算机科学在BlockStream和其他机构工作，而与金融市场中的其他资产相对，比特币如何仅以100,000美元的价格，而所有MIT博士学位？

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.

标准宪章的杰弗里·肯德里克（Geoffrey Kendrick）预测，到2025年，比特币将达到200,000美元，到2029年将达到500,000美元，这是由于远离美国资产的转移而驱动的。同时，伯恩斯坦（Bernstein）预测比特币在当前的公牛跑中将达到200,000美元。

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.

比特币今天已经下跌了4％至107,200美元，而广泛的市场和股票也退缩了，因为特朗普总统威胁到所有欧盟商品的关税50％。