Bitcoin Could Hit $135K Within 100 Days, Analyst Predicts

Bitcoin continues to trade firmly above the $100,000 mark, consolidating gains in an environment shaped by improving macroeconomic indicators and a notable shift in market sentiment. According to leading crypto analyst Timothy Peterson, this confluence of factors may catapult Bitcoin to $135,000 within the next 100 days.

Volatility Index Drop Reflects Renewed Risk Appetite

The recent drop in the CBOE Volatility Index (VIX) to its long-term average of 20 has been interpreted by market experts as a signal of growing investor confidence. Historically, low VIX levels align with periods of elevated risk tolerance—a condition that has often favored speculative assets like cryptocurrencies.

The VIX had spiked to 60 earlier this year amid global uncertainty but swiftly declined following a surprise announcement on May 12: a new trade agreement between the U.S. and China. The deal includes a 90-day pause on tariffs and reciprocal reductions of up to 115%, calming markets and sparking renewed interest in risk assets. As Peterson remarked:

“The VIX has normalized, which typically coincides with a risk-on environment. That’s a strong tailwind for Bitcoin.”

Inflation Cools, Rate Cuts Loom

Another key factor fueling bullish momentum is the cooling inflation rate in the United States. The Consumer Price Index (CPI) for April showed a year-over-year increase of just 2.3%, falling below March’s 2.4% and analyst expectations. This softer inflation print increases the likelihood that the Federal Reserve may consider interest rate cuts later in 2025—a scenario historically supportive of Bitcoin and equities alike.

Combined, low volatility and easing inflation have created an ideal landscape for Bitcoin to gain further traction.

Bullish Sentiment Reaches Yearly High

Investor sentiment is echoing the bullish technical backdrop. The Bitcoin Bull Score Index, a proprietary sentiment indicator by CryptoQuant, soared from 20 to 80 in just one month—a move typically associated with significant price expansions.

This surge is attributed to growing spot market demand outpacing supply, a dynamic reminiscent of patterns observed after the 2024 Bitcoin halving. The supply squeeze, coupled with increasing confidence, is laying the groundwork for Bitcoin’s next major rally.

Axel Adler Jr., a respected crypto researcher, also pointed to the Bitcoin Fear & Greed Index, which has climbed to 53.3. While still shy of the “extreme greed” threshold above 80, Adler suggests that this is a clear signal of a brewing breakout:

“We’re not in euphoric territory yet, but all indicators point toward an upward move. Bitcoin could very well test—and surpass—its previous all-time high near $110,000.”

What This Means for Investors

For crypto investors and institutions alike, the current combination of macroeconomic stability, low volatility, and rising sentiment presents a compelling case for Bitcoin exposure. If Peterson’s model—which claims a 95% historical accuracy—holds true, Bitcoin could be trading at $135,000 before the summer ends.

The Bit Journal continues to monitor these developments closely, providing real-time updates and expert insight as the digital asset landscape evolves.

• https://twitter.com/Thebitjournal_
• https://www.linkedin.com/company/the-bit-journal/
• https://t.me/thebitjournal

Follow us on Twitter and LinkedIn and join our Telegram channel to get instant updates on breaking news!

References

• Peterson, Timothy. @nsquaredcrypto on X

• CryptoQuant Analytics Dashboard – Bull Score Index

• U.S. Bureau of Labor Statistics – CPI Reports