- A parabolic Bitcoin rally to $200K–$300K by Christmas could be in play, says analyst apsk32.
- Falling dollar and potential Fed rate cuts may trigger a broad crypto surge.
- Bitcoin ETFs have captured 70% of gold’s inflows, signaling rising institutional confidence.
So here we go again—Bitcoin might be gearing up for a crazy end-of-year run. According to an anonymous analyst who goes by apsk32, we could see BTC soaring toward the $200K or even $300K range before Santa shows up. Sounds nuts? Maybe. But this isn’t just hype—it’s based on a funky little model called the “power law.”
Basically, Bitcoin’s long-term growth has this exponential curve it sorta follows. This “power law” trendline shows where BTC should be, over time. Right now? BTC’s price is ahead of that curve by about two years. In simpler terms—Bitcoin’s moving faster than it should be, and that usually means we’re headed for a blow-off top. The kind we saw in 2013, 2017, and 2021.
“79% of the time, BTC’s been lower than it is now,” apsk32 pointed out. “The top 20%? That’s extreme greed territory.” That zone, between $112K and $258K, is where things tend to go… wild. If the pattern holds—and who knows if it will—Bitcoin could touch $300,000 by the end of December. Then? Well, we probably cool off into early 2026.
Macros Point to More Fuel for Bitcoin

It’s not just charts and math behind the bullish case. Rails CEO Satraj Bambra chimed in too, telling Cointelegraph that the macro winds are blowing in Bitcoin’s favor. Think: falling interest rates, a softer U.S. dollar, and maybe even a new face at the Fed. If those things hit all at once? We could see a monster rally across the risk-on world—with BTC front and center.
Bambra also flagged the U.S. Dollar Index slipping below 100 as a key signal. If that happens, it could mean more rate cuts and stimulus are on the table. He’s not shy with his numbers either—he sees BTC potentially pushing all the way to $500K if things break just right. “Two forces will drive this next wave,” he said. He didn’t spell them out fully, but we can guess: macro + momentum.
Spot ETFs? They’re Quietly Catching Up to Gold

Let’s not forget about the spot Bitcoin ETFs. Yeah, the same ones that had a rough start to 2025. Now they’ve bounced back—big time. According to Ecoinometrics, they’ve captured about 70% of gold’s inflows this year. That’s a sign. Institutions are finally getting more comfy with BTC as a real asset—not just a speculative play.
And Bitcoin still acts like a “risk-on” asset. Over the past 12 months, it’s moved somewhat in sync with the Nasdaq 100. But the really interesting bit? Its correlation with gold is low. Same with bonds. So for portfolio builders, BTC’s kinda in its own lane.
Even Jurrien Timmer from Fidelity is on board. He recently said the “baton” has passed back to Bitcoin. The Sharpe ratio—which measures how much bang you get for your risk—is tightening between BTC and gold. BTC’s not quite there yet, but it’s catching up. Gold’s at $20.34 in performance terms. Bitcoin? Just behind at $16.95. Not bad for something that was called a bubble every year since 2013.