The market volatility indicator still points to a BTC price of $135,000 in 100 days.
The price of Bitcoin is consolidating above $100,000 amid a market with greater risk appetite driven by the trade agreement between the US and China, the decline in inflation, and optimistic investor sentiment indicators.
Market Update
Key Points:
The price of Bitcoin remains above $100,000, driven by a 'risk-on' sentiment following the decline of the CBOE volatility index (VIX) to 20.
The bullish score index for Bitcoin surged to 80, and the Bitcoin Fear & Greed Index suggests growing optimism, with historical patterns indicating potential for higher price gains.
The price of Bitcoin
€91,886
continues to consolidate above $100,000 after the CBOE volatility index (VIX) fell to its 30-year average of 20, down from a peak of 60 in early 2025. This decrease follows a trade agreement between the US and China on May 12, which introduced a 90-day pause on tariffs and a 115% reduction on both sides.
