Will Bitcoin hit $135,000 in 100 days? This is why top analysts believe so.
Bitcoin could be on the brink of a massive collapse, at least that's what crypto analyst Timothy Peterson thinks. Based on key market signals, he says Bitcoin could reach $135,000 in just 100 days, and the reasons behind that are worth a closer look. What does VIX have to do with Bitcoin? At the center of Peterson's prediction is the VIX, a volatility index that tracks how uncertain investors are about the market. When it spikes, it usually means fear is high. In April, the VIX closed above 56, a level that has only occurred twice in recent history, during the financial collapse of 2008 and the Covid market panic of 2020. In both cases, what followed was a strong rebound, especially for tech stocks like those in the Nasdaq. Peterson noted that after the VIX spike, the Nasdaq gained about 10% in the first week, then rose another 40% during the following 100 trading days. Bitcoin behaves like a tech stock. What’s surprising is that Bitcoin seems to be moving in a similar pattern to the historical rebound in the Nasdaq. Peterson says the data shows that Bitcoin tracks the Nasdaq's recovery with 95% accuracy, a remarkable similarity. However, since Bitcoin is more volatile, the impact could be greater. If market fear (VIX) continues to decline, especially below 18, which is seen as a 'risk' zone, Peterson expects Bitcoin to reach $107,000 in a few weeks and rise to $135,000 within 100 days. Bitcoin price predictions. As of now, the price of Bitcoin is trading at around $96,296, reflecting a 0.51% decline with a market cap of $1.9 trillion. Looking at the price chart, Bitcoin formed a 'local bottom' between February and April 2025. It also remained above a key line called Kijun, reinforcing the trend. Recently, Bitcoin broke above the April high of $95,173, which now acts as support, a positive sign for further growth. If it surpasses $95,800, the next target could be $99,000 and then $110,000 to $115,000. Bitcoin’s price action indicates it may be ready to break out. If it stays above $95,800, expect more upward movement soon.