Bitcoin could hit $135K in 100 days, says analyst watching VIX drop

• BTC could hit a new Ath on Makro Analyst in the next three months.
• The actual value of the MVRV was at 1.7, indicating a slight space for growth before the BTC hits the local peak.

Bitcoin [BTC] He consolidated around $ 105,000 for four days and signaled the accumulation for the next rally or the probable pullback.

However, analysts in the next 3-6 months made a price call of $ 135,000 withdrawing to improve the macro queue.

On May 12, BTC threw 4% out of $ 105,000 to $ 100.7,000, a typical SELL-the-ES after a US business agreement.

However, the asset reduced the losses of 13 May to a modest 0.2% of the CPI inflationary printing compared to the expected 0.3%.

The annual rate came to 2.3%, dropped under 2.4%, which is a positive view of the Fed’s expectations from Q3.

Low inflation, positive BTC fuel macro?

In an e -mail statement, an expert on investment 21shares Crypto Investment said David Hernandez Ambcrypto,

“If this trajectory (release of inflation, adoption of nation -state) continues, it seems that the price objectives of $ 200,000 by the end of the year are now more and more realistic.”

Likewise, Timothy Peterson, BTC network analyst, note The fact that the business agreement between the US and China has launched VIX (volatility index) to drop the “normal” 30 -year average.

The decrease in VIX and lower inflation were the perfect arrangement for the rally “risks”, added Peterson.

“Inflation just came less than expected. It will be in the foreseeable future” risk “.”

For the unknown ones, VIX monitors future prices and in the expansion of market fear.

Simply put, with the Tariff War in the US, the market fear (higher VIX) was replaced by the risk of risk (lower VIX).

In x post May 1 Peterson stressed that potential DIP VIX to 18 could move BTC to $ 107,000 in 3 weeks and +135,000 $ in 100 days.

“Continuation of this journey and vix <= 18, means bitcoins for $ 107,000 for $ 2-3 and $ 135,000 in 100 days."

What will be in the short term?

Yet to new ATH, however, may not be a smooth ride message Crypto research company Swissblock.

The company quoted the BTC price dynamics and stated a potential correction to $ 104,000 -106,000 before the record level was likely.

“Can $ BTC push on an uncharted territory? Resetting could drive another leg.”

The attached chart showed that the BTC was in full bullish momentum, but the current level also meant retracement in last November December Assembly.

But the right mill, a valuation metric that marked the local peaks and DNA 2024, disagreed with the view of Swissblock.

Metric reading was 1.7, slightly away from the potential level of the local peak.

On the options market, traders placed on both scenarios.

In the last 24 hours, PUT options have been $ 95,000 (Bearish Bets) the largest volume of trading, while it requires $ 105,000 and $ 115,000 (bull bets) in second and third place.

In other words, traders expected BTC to hit $ 115,000 in May, but were ready for a potential decline of $ 95,000.

Overall, the positive macro environment could support further sentiment of risks and push BTC on the new ATH. However, there were still chances of immersion of BTC under $ 100,000.