Bitcoin could rise to $135,000 in 100 days

The countdown has begun. Indeed, bitcoin could reach a new all-time high much sooner than anyone imagines. A recent analysis by Timothy Peterson, a recognized economist in the Bitcoin network, predicts it will soar to $135,000 within the next 100 days. The basis for this forecast: the decline of the VIX index, a symbol of renewed risk appetite and a conducive macroeconomic environment. Enough to rekindle the bullish ambitions of a market seeking strong catalysts. The VIX index and the macroeconomic argument of BTC are at 135,000 dollars. In a recent post on X, Bitcoin network economist Timothy Peterson put forward a bold yet methodically constructed hypothesis. If the current macroeconomic environment remains unchanged, Bitcoin could reach $135,000 within 100 days. This scenario is based on the development of the CBOE Volatility Index (VIX), a well-known indicator measuring the expected level of volatility of the U.S. stock market. Peterson stated in a post on social media platform X (previously known as Twitter) on May 1, 2025: VIX below 18 is often understood as a signal of risk acceptance. In this context, investors are encouraged to shift to high-yield assets such as cryptocurrencies. The following are important events supporting this forecast: The VIX decreased from 55 to 25 over 50 trading days, signaling a gradual recovery of confidence in the financial markets; Peterson's forecasting model boasts a historical tracking ratio of 95%, enhancing the reliability of his $135,000 prediction; According to Peterson, "if the VIX remains low, it will create the necessary conditions for Bitcoin to reach a new all-time high within the next 100 days." This model aligns with macroeconomic interpretations where Bitcoin, as a risky asset, directly responds to global perceptions of risk. This approach is supported by Jurrien Timmer, head of macroeconomics at Fidelity. He explained in a post on platform X on May 2 that bitcoin is both "Dr. Jekyll and Mr. Hyde", sometimes serving as a store of value, and sometimes as a speculative asset. He pointed out that when the global money supply (M2) increases along with the rising stock market, bitcoin tends to appreciate because it benefits from the double leverage: currency and speculation. The market is under pressure: Is a major short-selling situation about to occur? Alongside these macroeconomic signals, other indicators are also emerging from the core of the cryptocurrency market. CryptoQuant emphasizes that the market capitalization of stablecoins has reached an all-time high of 220 billion dollars. Such an increase is not random: it reflects the return of available liquidity in the cryptocurrency ecosystem, which could drive new bullish movements of bitcoin. While capital outflows were characteristic of previous stages, this reversal of trend indicates a re-injection of capital that is often seen as a precursor to a bull market. However, that is not all. The funding rate for Bitcoin futures has become very negative, signaling an increase in short positions in the derivatives market. This means that many traders are currently betting against the rise of bitcoin. Now, under these conditions, any strong increase in BTC could trigger a short selling situation, forcing sellers to urgently buy back their positions to limit losses. Over 3 billion dollars in short positions are currently facing liquidation. If this move occurs, it could push the price of bitcoin up to the 100,000 dollar range, in a move amplified by the mechanical effects of leverage. In addition to simple technical observation, this imbalance between buyers and sellers highlights how sensitive the market still is to sudden catalysts. An external factor, whether macroeconomic or regulatory, could be enough to reverse positions and trigger a strong price increase. In this context, the short-term outlook is marked by high uncertainty, but there is also potential for explosive growth. The question remains whether the market can sustain pressure long enough to turn this potential into reality.