According to market watchers, US-listed spot Bitcoin ETFs posted a $520 million inflow on Tuesday, a sharp change after a mild $1.15 million inflow the day before and a recent week that saw $1.22 billion in withdrawals.
Based on reports from CryptoCon, a model called diminishing golden curves maps price bands using logarithmic regression. The model tracks how far Bitcoin moves above a “Golden Curve” growth path and labels those moves with deviation levels.
Past cycle tops landed at +5 in November 2013, +4 in December 2017, and +3 in November 2021. CryptoCon’s projection now places the next top near the +2 band, which translates to a range between $160,000 and $170,000, with a possible swing toward $186,000. If that plays out, Bitcoin would climb about 70% from current levels near $104,000.
That rhythm has been a simple guide for many traders. It is not a guarantee, but it helps explain why analysts are paying attention to late 2025 as a possible climax point.
On-chain signals add more detail. The stablecoin supply ratio has fallen to levels that historically lined up with market lows, suggesting there is dry powder waiting on the sidelines.
That kind of macro event can add volatility and shift flows. Models like the Diminishing Golden Curves are useful tools, yet they depend on history repeating in ways that might not hold if a major shock appears.
Featured image from Unsplash, chart from TradingView
