Key Indicator Signals DCA Opportunity Amid Bitcoin Buyer Momentum
In the past week, the price performance of Bitcoin is marked by volatility and investors’ hybrid signals. After a short increase of more than $ 100,000 for a short time, BTC fell since then Hanging above $ 99,000Essence
The initial improving the rebound of market sentiment seemed to be short, because cryptocurrencies worked hard to restore the upward momentum of breaking the higher resistance level.
Bitcoin Smart DCA Flash-What does this mean
When BTC faces these ups and downs, Darkfost is the contributor of Cryptoquant’s QuickTake platform, and Protruding potential Opportunities for investors U.S. dollar cost average (DCA) strategy.
According to Darkfost, the Smart DCA indicator has recently triggered, which shows that the current price level may be a “favorable” entry point for those who want to accumulate BTC over time.
Darkfost explained that by comparing the average price of Bitcoin with the short -term implementation (from one week to one month), the indicator aims to determine the best area where long -term accumulation is accumulated. Analysts added:
If the DCA strategy can be correctly executed, the DCA strategy can generate considerable returns according to the investor’s goals in the short term, and the medium or long -term. However, this indicator should be used with other indicators and conducts a wider market analysis to obtain the best accuracy and effectiveness.
There are signs of viewing the momentum
Although the short -term price fluctuations shocked some investors, other analysts pointed out that the potential trend of watching the potential of littering. Another encrypted analyst onatt, Observe The buyer’s event began to be greater than sales pressure.
Onatt uses Coinbase data to point out that even in the face of the nearest volatility, it also shows that the demand for Bitcoin is strong. In addition, the negative funding rate (driven by a long -term liquidation of about 2 billion U.S. dollars) is driven Market environment Buyers use discount prices to locate their potential to move up. Onatt also explained:
The rise of Bitcoin may remain below 4.65 % at the USDT advantage, which indicates that the potential for market confidence and the potential of further recovery.
In addition to this emotion, analyst ALI has determined the key demand area between Bitcoin from $ 96,475 to $ 99,360. According to Ali, as long as this range As a support levelThe market prospect is conducive to the bull.
Breakthroughs in the supply area of more than $ 102,350 to $ 103,900 may go further Strengthen the case of bullishIt is possible to lay the foundation for continuous recovery.
#Bitcoin $ BTC As support, a key demand area of $ 96,475 to $ 99,360 has been recovered. As long as this level is reached, the odds are conducive to the bull. Especially if $ 102,350– $ 103,900 is interrupted. pic.twitter.com/flpwrqyvuu
-Mi (@Ali_Charts) February 4, 2025
Use the characteristic image created by Dall-E, the chart of TradingView
