Key Highlights:
- Bitcoin targets $125,000 by Q2: Shunyet Jan of Bybit cites regulations, ETFs, and macroeconomic shifts as key growth drivers.
- Experts forecast $500,000+: Analysts like Adam Back and Standard Chartered expect Bitcoin to reach between $500,000 and $1,000,000 in this market cycle.
Bitcoin Could Reach $125K by Midyear, Experts Say
Bitcoin is on the rise again, breaking records and capturing the attention of major players. Recently, it crossed the $111,000 mark, and experts are predicting even higher gains. What’s really driving this rally?
Bitcoin to $125K by the End of Q2
Bitcoin’s surge to a new all-time high is just the beginning, says Shunyet Jan, Head of Derivatives at Bybit. If the current trend continues, he expects Bitcoin to reach $125,000 by the end of the second quarter.
He highlights three main drivers behind the rally:
We’re seeing a unique convergence of factors — regulatory clarity, institutional inflows, and macroeconomic shifts — that are accelerating mainstream adoption.
Constant capital inflows into spot ETFs show that institutions are embracing Bitcoin as a legitimate asset class. Bitcoin’s inverse correlation with the dollar further strengthens its role as “digital gold”, Jan added. With prices holding above $110K, the $125K target by quarter’s end reflects growing confidence in BTC as a key player in the future of global finance.
Jan also pointed to the newly introduced GENIUS Act, stating that clear rules like these help build trust and lay the foundation for broader adoption.
Cautious Outlook on Altcoins
While Jan is bullish on Bitcoin, he was more cautious regarding altcoins. He believes that although Ethereum and other leading coins might follow BTC, high interest rates and global uncertainty could limit the upside for smaller tokens.
Analyst Scott Melker also predicts Bitcoin could hit $250,000 by the end of 2025, driven by strong institutional demand and a stable market. He noted that BTC’s volatility has dropped significantly, and its growing ties to traditional finance could fuel the next major rally.
Adam Back: Bitcoin Is Undervalued
Adam Back, CEO of Blockstream, believes Bitcoin is highly undervalued and could rise to $500,000 – $1 million during this market cycle. He expressed surprise that the price is still relatively low despite increasing institutional interest and major technological developments. In his view, the current price doesn’t yet reflect the bullish momentum building behind Bitcoin.
Geoffrey Kendrick of Standard Chartered predicts BTC will hit $200,000 by 2025 and reach $500,000 by 2029, driven by a global shift away from U.S. assets. Meanwhile, Bernstein has also forecasted a $200,000 price in the current bull run.
At the time of writing, Bitcoin has dropped 4% to around $107,200, in line with broader market and stock pullbacks after President Trump threatened a 50% tariff on all EU goods.
Frequently Asked Questions
Find answers to the most common questions below.
According to Bybit's Shunyet Jan, bitcoin could reach $125,000 by the end of the second quarter of 2025 thanks to regulatory clarity, institutional infusions and macroeconomic factors.
Analysts such as Adam Beck (Blockstream) and Standard Chartered predict that the price of bitcoin could reach between $500,000 and $1 million within the current market cycle.
Some analysts expect that leading altcoins such as Ethereum could follow bitcoin, but small tokens may face difficulties due to high interest rates and global uncertainty.
This article is for general informational purposes only and is not intended to be, and should not be construed as, legal or investment advice. Crypto-assets are highly volatile, so only invest funds you are willing to lose and use your own research and risk management.
