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BTC: Can Accumulate Gradually, But Not Yet the Time to Invest Heavily
$BTC : Can Accumulate Gradually, But Not Yet the Time to Invest Heavily
I haven't gone all in on Bitcoin in this area. I've just started to accumulate gradually, because the important thing right now is not to guess whether the bottom has formed or not, but to assess whether the current price range is good enough to build a position step by step. For me, the answer is that it is possible to buy gradually, but it's not yet the point to invest heavily.
Many people do not lose because they choose the wrong asset. They lose because they enter the trade too early, see the price drop sharply and immediately think it's cheap, then after buying, they continue to endure another drop and lose patience at the exact moment they shouldn't let go. Therefore, I do not try to catch the bottom. I only focus on a clearly defined buying strategy.
Currently, I am monitoring the MVRV Z-Score, the average cost price of long-term holders, and major MA zones on a monthly timeframe. Up to this point, Bitcoin has not fallen below the cost price of the group of holders over 155 days. This means that the selling pressure from long-term holders has not really emerged yet. That is why I do not see this as a particularly attractive area to invest heavily.
Nevertheless, Bitcoin has entered a zone that has previously signaled relatively stable DCA in many cycles. Therefore, I have allocated about 20% of my capital, while keeping the rest in USDT to wait for a better probability. I do not buy based on emotions. I buy based on discipline.
#BTC