Analyst Suggests Bitcoin Could Reach $135,000 in 100 Days Amid Low Volatility Conditions
The post Analyst Suggests Bitcoin Could Reach $135,000 in 100 Days Amid Low Volatility Conditions appeared on BitcoinEthereumNews.com.
Bitcoin is on the verge of a significant price milestone, with analysts predicting a target of $135,000 within the next 100 days under favorable macroeconomic conditions. Market dynamics suggest a growing favor for riskier assets like Bitcoin, driven by a decline in the CBOE Volatility Index (VIX). Timothy Peterson highlights Bitcoin’s correlation with market sentiment, stating, “A low VIX reduces uncertainty, encouraging investment in riskier assets.” Bitcoin is set to possibly reach $135,000 in 100 days if market conditions hold steady, as a record stablecoin market capitalization signals rising liquidity. Bitcoin Price Surge Predicted Amid Low Market Volatility The cryptocurrency market is buzzing with optimism as analysts set their sights on Bitcoin’s potential to reach $135,000 within the next 100 days. Timothy Peterson, a renowned Bitcoin network economist, recently shared insights linking Bitcoin’s price dynamics to the CBOE Volatility Index (VIX), a key measure of market volatility. With the VIX index dropping from 55 to 25 in just 50 trading days, the prevailing sentiment is that a low VIX creates a favorable “risk-on” environment for Bitcoin, allowing it to thrive. Evaluating Bitcoin’s Volatility in a Shifting Market Peterson’s analysis indicates that Bitcoin’s historical performance aligns with changes in the VIX, suggesting that a score below 18 significantly boosts Bitcoin’s attractiveness as an investment. Such conditions foster an environment where investors are more willing to take on risk, thus increasing the likelihood of price increases. Bitcoin’s dual nature as both a speculative asset and a store of value creates a unique market position, as discussed by Fidelity’s Jurrien Timmer. Stablecoin Market Cap Hits a Milestone of $220 Billion Recent figures from CryptoQuant reveal that the stablecoin market capitalization has surged to an all-time high of $220 billion. This spike is indicative of returning liquidity to the cryptocurrency market, marking a pivotal…
Filed under: News - @ May 3, 2025 1:17 am