BITCOIN Eyes $165K as VIX Support Holds Strong
Bitcoin (BTCUSD) has kicked off a new—and potentially final—bullish leg of this cycle after bottoming in April. It has already set a new all-time high (ATH).
On April 7, 2025, the BTC/VIX ratio rebounded off its 10-year higher-lows trendline—a key support level dating back to the August 24, 2015 market bottom. Historically, each bounce from this trendline has triggered a significant medium-term rally. The most modest of these, from August to December 2024, still delivered a +121.44% gain.
If Bitcoin mirrors even that "minimum" performance, we could be looking at a $165,000 target—right in line with most projections for this cycle’s peak.
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