Analyst: Bitcoin Could Hit $135K in 100 Days
Key Takeaways
An analyst predicts a Bitcoin price of $135,000 USD within the next 100 days. This forecast is based on a decline in the Volatility Index (VIX), which suggests lower market risk. This assumption is further supported by falling inflation figures in the U.S. and an overall positive macroeconomic outlook. However, short-term pullbacks remain possible.
Why the VIX Matters for Bitcoin
The VIX (Volatility Index) measures the expected volatility of the U.S. stock market and is considered a “fear gauge” for the markets. A low VIX indicates reduced uncertainty — an environment in which riskier assets like Bitcoin can benefit. Analyst Timothy Peterson sees a VIX value below 18 as a signal for a potential Bitcoin rally to over $135,000 USD within 100 days.
Macroeconomic Data Supports the Forecast
The U.S. inflation rate for April came in at 0.2%, below the expected 0.3%. The annual rate dropped to 2.3%, also under the forecast of 2.4%. This development strengthens hopes for interest rate cuts by the U.S. Federal Reserve starting in the third quarter. Such an environment could encourage investors to allocate more capital to cryptocurrencies.
Bitcoin Price Movement in May
After a short-term dip from $105,000 to $100,700 USD on May 12 — triggered by profit-taking following a U.S.-China trade agreement — the price rebounded the very next day. Currently, Bitcoin is hovering around the $105,000 USD mark. Analysts view this consolidation as a potential setup for another upward move.
Technical Indicators: MVRV and Options
The True MVRV (Market Value to Realized Value) currently stands at 1.7. A value of 2 is considered a threshold for local highs. This suggests that, according to this indicator, there is still room for the price to rise. At the same time, the options market presents a mixed picture. While some traders are betting on a rise to $115,000 USD, others are hedging with put options at $95,000 USD to guard against possible pullbacks.
What to Expect in the Short Term
Analytics firm Swissblock warns of a potential correction in the $104,000 to $106,000 USD range. However, this could lay the groundwork for a new upward trend. Historical price patterns point to similar developments in the past.
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Our Assessment
The combination of declining inflation, a stable macroeconomic environment, and a falling VIX creates favourable conditions for risk-tolerant investors. A Bitcoin price of $135,000 USD within the next 100 days is not out of the question under these circumstances. Still, you should be prepared for short-term volatility. If you’re investing, keep a close eye on the VIX and inflation data — they could be key drivers of future price action.
| Symbol | BTC |
| Coin type | Alt Coin |
| Transaction Speed | Slow |
| Pros |
|
| Cons |
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| Further practical applications | |
| Price | 102437 |
| 24h % | -1.57 % |
| 7d % | 2.88 % |
| 30d % | 19.71 % |
| 60d % | 24.29 % |
| 1y % | 64.11 % |
| Market Cap | $2,033,826,816,352.00 |
| Max. Supply | 21,000,000.00 |
| Official Links | Website | Whitepaper | Source Code |
| Socials | Reddit | X | Message Board |
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