 
 
Disclaimer: The under article is sponsored, and the views in it don’t symbolize these of ZyCrypto. Readers ought to conduct impartial analysis earlier than taking any actions associated to the challenge talked about on this piece. This text shouldn’t be considered funding recommendation.
On Could 23, Shunyet Jan, the pinnacle of Derivatives at Bybit, the worldâs second-largest cryptocurrency trade by buying and selling quantity, commented on Bitcoinâs current bullish transfer, which noticed it obtain a brand new all-time excessive on Thursday.
In response to Shunyet, the historic rally is attributable to a robust alignment of market catalysts and macroeconomic shifts, expressing beliefs that Bitcoin reaching a excessive of $125K in the course of the second quarter of 2025 is feasible.
âBitcoinâs climb to this all-time excessive underscores a transformative second within the evolution of world finance,â stated Shunyet. âWeâre seeing a singular convergence of factorsâregulatory readability, institutional inflows, and macroeconomic shiftsâwhich might be accelerating mainstream adoption,â says Shunyet.
Key Drivers Behind Bitcoinâs Rally
Shunyet believes that the huge Bitcoin rally has been spurred by three main components: current regulatory readability on stablecoins, sustained inflows into spot ETFs, and a weaker US Greenback and inverse correlation.
 
Shunyet highlighted the emergence of complete laws just like the GENIUS Act, which has established clearer guardrails for stablecoins.Â
Whereas this fosters better institutional confidence and reinforces the foundational infrastructure wanted for broader crypto adoption, it has additionally fuelled Bitcoinâs current worth ascent.
Moreover, the constant capital inflows into spot Bitcoin ETFs point out that institutional buyers are embracing Bitcoin as a professional asset class, spurring elevated demand for Bitcoin and a fast worth surge.
Amid this market rally, Shunyet believes sentiments might shift if excessive rates of interest and lingering macroeconomic uncertainty proceed, limiting the upside potential for smaller altcoins within the close to time period.
Nonetheless, Shunyet has made a bullish prediction for Bitcoin, saying;
âIf present tendencies proceed, our evaluation suggests Bitcoin might attain $125,000 by the top of Q2. We stay bullish on Bitcoinâs position in shaping the way forward for finance.â
