Bitcoin Reaches 135K USD in 100 Days? Hot Analysis!

Bitcoin’s Explosion Prediction: A Perspective from Timothy Peterson

Bitcoin may be on the verge of a major breakout. Cryptocurrency analyst Timothy Peterson predicts Bitcoin could reach $135,000 in the next 100 days, based on key market signals. A crucial factor in Peterson’s prediction is the VIX, an index that measures volatility, indicating the level of uncertainty among investors. When the VIX rises sharply, it often reflects concern in the market. Last April, the VIX closed above 56, a scenario that occurred during the 2008 financial crisis and the market panic due to COVID in 2020, both of which were followed by a strong recovery.

Bitcoin and NASDAQ: Harmonious Action

The notable point is that Bitcoin seems to be moving in a pattern similar to the historical recovery of NASDAQ. Peterson observes Bitcoin mimicking the recovery of NASDAQ with an accuracy of 95%. Despite being more volatile, Bitcoin may face larger impacts. If the market fear level (VIX) continues to decrease, especially below 18, which is considered a “high-risk” area, Peterson predicts Bitcoin could reach $107,000 in a few weeks and up to $135,000 in 100 days.

Bitcoin price trend

Currently, the price of Bitcoin is trading at around 96,296 USD, down 0.51%, with a market capitalization of 1.9 trillion USD. In the price chart, Bitcoin has formed a “local bottom” between February and April 2025. It also maintains above an important line called Kijun, reinforcing the trend. Recently, Bitcoin has risen above the April high of 95,173 USD, which now serves as support, a positive sign for further growth. If it surpasses the level of 95,800 USD, the next target could be 99,000 USD and then 110,000 to 115,000 USD.

Conclusion

The price action of Bitcoin suggests it may be ready for a breakout. If it holds above 95,800 USD, there is hope for further growth soon.

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