About $BTC spot bottom-picking


Personally, I started doing formal DCA purchases around the $60k area. The overall strategy is to allocate 70% of the funds to DCA over a six-month period. The remaining 30% of the funds is reserved, waiting for a “golden dip” at the bottom to appear, and then making a single buy.

For my expectations of the golden dip, I personally will look at the following three indicators in the chart to align at the same time:
1、Fibo 707–786 range
2、The candlesticks reach the blue moving average
3、The blue trough position appears in the indicator below the chart

If this bear market cycle does not see a golden dip, then this remaining 30% of the funds will be used for a single buy when things play out on the right side.

In terms of the time cycle, I personally believe $BTC still needs some time before this bear market cycle truly hits the bottom. The current U.S. stock market index has only just started to pull back; I am more inclined to wait until the S&P 500 retraces to around the white yearly moving average, and then observe $BTC at that time.

——That’s all above for reference.
BTC-2.30%
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