Bitcoin Eyes New All-Time High As Analyst Sets $170K Target

Bitcoin Eyes New All-Time High As Analyst Sets $170K Target


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.

That swing in flows is being watched closely because inflows into ETFs have in the past helped drive big price climbs. Right now Bitcoin trades around $104,000, and some analysts say a jump toward $160,000–$170,000 is possible if buying pressure keeps building.

Diminishing Golden Curves Hint At Lower Peaks

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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.

The

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