Bybit’s Shunyet Sees Bitcoin Reaching $125K by Q2

In a bullish outlook on the crypto market, Bybit’s Head of Derivatives, Shunyet Jan, shared his analysis of Bitcoin’s historic rise to a new all-time high. According to Shunyet, this surge is driven by a confluence of factors including regulatory clarity for stablecoins, consistent inflows into Bitcoin ETFs, and a weakening US dollar. These macro trends are creating a favorable environment for mainstream adoption of cryptocurrencies.