Date: 2025-05-02
Bitcoin network economist Timothy Peterson raised Bitcoin’s (BTC) chances of hitting a new high in 100 days, and he maintains an optimistic outlook in 2025. In an analysis shared on X that ties BTC’s price action to the CBOE Volatility Index (VIX) —an indicator that measures 30-day market volatility expectations — the analyst pointed out that the VIX index has dropped from 55 to 25 over the past 50 trading days. A VIX score below 18 implied a “risk-on” environment, favoring assets like Bitcoin. Peterson’s model, which had a 95% tracking accuracy, predicted a $135,000 target within the next 100 days if the VIX remains low. This aligns with Bitcoin’s sensitivity to market sentiment, as a low VIX reduces uncertainty, encouraging investment in ...
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