$BTC

Today's Bitcoin News: Bitcoin could reach $135,000 in 100 days, according to analysts. Key indicators point to a new all-time high.

AI Summary

Bitcoin analysts target a $135,000 goal as the VIX falls and cryptocurrency liquidity increases.

Bitcoin (BTC) shows strong bullish signals in macroeconomic and on-chain indicators, and analysts predict a possible breakout to $135,000 in the next 100 days if current trends continue. At the heart of this forecast are three key factors: low market volatility, increasing liquidity of stablecoins, and a negative funding rate for BTC that could lead to a contraction of short positions.

The low VIX indicates a risk sentiment that boosts BTC's upside potential.

Bitcoin network economist Timothy Peterson shared a model on X that links Bitcoin's price with the CBOE Volatility Index (VIX), a metric for measuring short-term market uncertainty. Historically, a VIX below 18 aligns with a 'risk appetite' sentiment, where investors rotate their capital towards speculative assets, including cryptocurrencies. The VIX has dropped from 55 to 25 in the last 50 trading days and tends to decline.

According to Peterson, if the VIX remains below 18, his model, with a 95% accuracy history, forecasts a Bitcoin price of $135,000 within 100 days, driven