CryptoQuant: BTC Price Below Realized Price, Still Suitable for Accumulation
According to ChainCatcher, a Crypto Quant analyst stated that Bitcoin’s current 1-week to 1-month realized price stands at $117,700, while the market price is $116,000, indicating it is still within the accumulation range. Based on a realized price-driven smart DCA (Dollar Cost Averaging) strategy, it is recommended to build positions when the price is below the realized price. This strategy utilizes on-chain behavioral indicators to execute hourly DCA operations when the price is below the realized price range, and once the price breaks above the realized price threshold, gradual profit-taking can be considered.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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