Market volatility indicator still points to $135K Bitcoin within 100 days — Analyst
Bitcoin price consolidates above $100,000 amid a “risk-on” market fueled by the US-China trade deal, falling inflation and optimistic investor sentiment indicators.
Key Takeaways:
Bitcoin price holds above $100,000, driven by “risk-on” sentiment after the CBOE Volatility Index (VIX) dropped to 20.
The Bitcoin Bull Score Index surged to 80, and the Fear & Greed Index suggests growing optimism, with historical patterns indicating potential for further price gains.
