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.