Bitcoin (BTC) Could Reach $135,000 in 100 Days, According to Crypto Analyst Timothy Peterson.

Bitcoin is following the NASDAQ's recovery pattern with 95% accuracy, showing strong potential. If Bitcoin surpasses $95,800, the next targets are $99,000, $110,000, and $115,000.

Crypto analyst Timothy Peterson believes that Bitcoin might be on the edge of a massive breakout. At least, that’s what key market signals are showing, according to him.

In a recent analysis, Peterson delves into the implications of the VIX, a volatility index that rises when investors are uncertain and fear is high.

When the VIX closed above 56 in April, it was only the third time in modern history, the other two being the 2008 financial crisis and the 2020 COVID market panic. Both times, what followed was a strong recovery, especially for tech stocks like those in the NASDAQ.

As the VIX soared during the crisis, the NASDAQ went down around 10% in the first week. However, afterward, the index went up another 40% in the next 100 trading days.

Now, as the VIX is dropping from the recent highs, the NASDAQ is showing a strong rebound, and to everyone’s surprise, Bitcoin is moving in a similar pattern to that historical recovery.

According to Peterson’s analysis, the data shows that the cryptocurrency is tracking the NASDAQ’s recovery with 95% accuracy, highlighting a striking similarity in how both assets are reacting to broader market shifts.

However, since Bitcoin is known for its high volatility, the implication of this similarity could be even bigger for the crypto.

According to Peterson, if the market fear (VIX) continues to drop, especially below 18, which is seen as a “risk-on” zone, then we could see Bitcoin hit $107,000 in a few weeks and rise to $135,000 within 100 days.

As of now, BTC is trading at $96,296, showing a drop of 0.51% with a market cap of $1.9 trillion.

Looking at the price chart, we can see that Bitcoin formed a “local bottom” between February and April 2025. It also managed to stay above a key line called the Kijun, which is part of the Ichimoku indicator and helps determine the strength of the current trend.

Recently, Bitcoin broke above its April high of $95,173, which is now acting as support, a positive sign for more growth.

If it manages to break above $95,800, the next target could be $99,000 and then $110,000 to $115,000.

Overall, Bitcoin’s price action shows that it may be ready for a breakout. If it manages to stay above $95,800, then we can expect to see more upside in the coming days and weeks.