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US Spot Bitcoin ETFs See $520 Million Inflow Amid Market Shift
US-listed spot Bitcoin ETFs experienced a substantial inflow of $520 million on Tuesday, contrasting with a $1.15 million inflow the previous day and $1.22 billion in recent withdrawals. Such inflows have historically driven significant price increases.
Diminishing Golden Curves Model
- The model uses logarithmic regression to map price bands and deviation levels from a "Golden Curve" growth path.
- Previous cycle tops were at +5 in November 2013, +4 in December 2017, and +3 in November 2021.
- The next top is projected near the +2 band, estimating a range of $160,000 to $170,000, potentially reaching $186,000.
- This suggests a possible 70% increase from current levels around $104,000.
Halving Rhythm Influence
- The chart incorporates halving-based sine waves.
- The last halving was in April 2024, with an expected market peak in late 2025, aligning with historical patterns.
Stablecoin and Exchange Reserves
- Stablecoin supply ratio is low, indicating potential market lows and available investment capital.
- Binance data shows rising stablecoin reserves and declining Bitcoin reserves, suggesting accumulation by long-term holders.
- Increased liquidity and low volatility present attractive risk-reward opportunities for buyers.
Market Conditions and Risks
- Market conditions may change rapidly due to economic data and events like the end of the US government shutdown.
- Models like Diminishing Golden Curves rely on historical repetition, which might not apply if major disruptions occur.