Shunyet Jan, Head of Derivatives at Bybit, predicts Bitcoin could reach $125,000 by the end of Q2, citing clear rules, steady fund flows, and a weaker US dollar as key factors.
Jan's forecast is supported by regulatory clarity, increased capital inflows into Bitcoin through spot ETFs, and the weakening US dollar.
While Jan is bullish on Bitcoin, he cautions that smaller tokens may face challenges due to high interest rates and global uncertainty.
Other experts like Scott Melker and Adam Back have also made bold predictions about Bitcoin's price reaching $250,000 and even $500,000 to $1 million per coin this cycle.