Analyst Timothy Peterson predicts Bitcoin (BTC) may reach a new high of $135,000 within 100 days, as the CBOE VIX indicates a favourable market. Meanwhile, the stablecoin market cap has surged to $220 billion, signalling increased liquidity, though there are concerning shifts in futures trading dynamics that could lead to volatility ahead.
Bitcoin experts are buzzing with optimism recently. Analyst Timothy Peterson estimates that Bitcoin (BTC) could hit new all-time highs within the next 100 days, with a potential target price of $135,000, given current market conditions. His prediction is based on the CBOE Volatility Index (VIX), which has dramatically dropped from 55 to about 25. A low VIX usually points toward a risk-on environment, making investing in assets like Bitcoin more appealing.
Peterson’s model, which boasts a 95% accuracy rate in tracking Bitcoin’s price movement, suggests that as long as the VIX stays low, the path for BTC appears favourable. This is because, generally, a lower VIX tends to reduce market uncertainties, which can encourage investors to take bolder risks. Bitcoin’s price is often sensitive to these broader market sentiments, reinforcing Peterson’s optimistic outlook.
In parallel, Jurrien Timmer, Fidelity’s global macro director, provided an intriguing analogy by likening Bitcoin to “Dr. Jekyll and Mr. Hyde.” He explained that while Bitcoin can serve as both a store of value and a speculative asset, it behaves differently than gold, which remains a stable commodity. Timmer pointed out that whenever the money supply (M2) increases and the stock market surges, Bitcoin usually performs well, benefitting from both of these attributes.
However, Bitcoin’s performance becomes less predictable amid corrections in equities, highlighting its nuanced relationship with macroeconomic conditions. This unpredictability stands in contrast to the relatively stable nature of gold, making Bitcoin a more complex asset to manage.
Meanwhile, the stablecoin market is experiencing a significant boom. Recent data from CryptoQuant indicate that the stablecoin market cap has reached an impressive $220 billion, reflective of increased liquidity in the crypto sector. This surge indicates that Bitcoin may be recovering from a bearish trend, as the influx of capital could set the stage for new highs in the near future.
Yet, not everything appears rosy for Bitcoin’s immediate trajectory. Lower-time frame (LTF) charts show a notable shift. The funding rates for BTC futures have recently turned negative, suggesting that an increasing number of traders are placing bets against the ongoing rally. Indeed, the funding rate observed on the 4-hour chart has dropped to its most negative point for the year 2025, indicating a notable imbalance in the market.
This scenario paves the way for a potential short squeeze, as the short-side liquidity now far exceeds that of long positions. Analysts suggest that this imbalance could help propel Bitcoin into the $100,000 region. Notably, Cointelegraph reported that over $3 billion is on the line for short-side liquidations, possibly fuelling upside momentum and surprising those betting against a price increase.
In summary, while Bitcoin is showing signs of a strong upward trajectory, potential investors should remember that all investment comes with risks. Always conduct thorough research before making any financial decisions, as the crypto landscape can change rapidly.
