BTC ETF Prediction Model Based on Volume (Patreon)

Hello Team,

Here's the model I've developed for predicting Bitcoin purchases, leveraging volume and Bitcoin price as key inputs.

For Blackrock, the formula we're using is: 81.5504+6.824×10−6×B2681.5504+6.824×10−6×B26

For Fidelity, the formula is: 46.0349+1.3564×10−5×E2646.0349+1.3564×10−5×E26

This model forecasts the net cash inflow, which then calculates the amount of Bitcoin purchased, factoring in the current price. Since these two entities account for 75-80% of the trading volume, I focus my analysis on them, applying the findings to make broader assumptions about the market.

Our predictions for tomorrow are as follows:

• Blackrock: $234.5 million, translating to 4,528 Bitcoins.
• Fidelity: $179.5 million, resulting in 3,466 Bitcoins.

Moving forward, I plan to refine this model to forecast broader market movements over time.

Lets see how close it is tomorrow.