Bybit Sees $125,000 Bitcoin Target Achievable by Q2’s End

Bybit’s Head of Derivatives, Shunyet Jan, shares his insights into Bitcoin’s record-breaking surge to a new all-time high. He attributes this historic rally to a confluence of market catalysts and macroeconomic shifts, and predicts continued upside if current conditions hold. 3 key drivers behind the price rise: Regulatory clarity for stablecoins, sustained inflows into spot Bitcoin ETFs, and a weaker US dollar’s influence on Bitcoin’s performance.