Bybit Executive Forecasts Bitcoin Rally to $125K by Q2 End
Shunyet Jan, Head of Derivatives at Bybit, has made a bold prediction that Bitcoin could surge to $125,000 by the end of the second quarter. This optimistic outlook is driven by sustained institutional buying, steady capital inflows, and a weakening US dollar. With Bitcoin currently trading near $108,000, achieving this target would require a 16% climb in just five weeks, making it an aggressive yet intriguing projection for the crypto market.
Bybit Executive Predicts Bitcoin Could Reach $125K by End of Q2
Bitcoin may surge to $125,000 by the end of the second quarter, according to Shunyet Jan, Head of Derivatives at Bybit. The bold forecast hinges on sustained institutional buying, steady capital inflows, and a weakening US dollar.
Current trading near $108,000 WOULD require a 16% climb to achieve Jan’s target. The five-week timeline makes this an aggressive projection, with market momentum and trader positioning becoming critical factors in the coming weeks.
Bybit, the world’s second-largest crypto exchange, stands behind this optimistic outlook as bitcoin continues testing record highs. The derivatives specialist tied the prediction to clear market rules rather than speculative hype.
Ethereum Eyes $3.5K Amid Broader Crypto Rally, Meme Coins Gain Traction
Ethereum’s bullish momentum continues to attract attention as Bluntz, a prominent ByBit trader, predicts a surge to $3,500 by mid-June. The forecast, based on Elliott Wave Theory analysis of ETH’s 4-hour chart, comes despite political headwinds from proposed Trump tariffs. ethereum currently trades near $2,500, poised to capitalize on Bitcoin’s recent all-time high.
The broader crypto market shows signs of preparing for upward movement, with meme coins emerging as potential beneficiaries. Traders are scanning the altcoin landscape for opportunities as institutional interest grows and technical indicators flash bullish signals across major assets.