A way to DCA into Bitcoin
This is a method I use to DCA into Bitcoin. Notice on the chart I have waited until BTC hit the "Golden Pocket" or 0.618 to 0.65 Fib retrace of the last move from $40508 to $43461. That range is $41873 to $41999. Once that range was hit I pulled the buy trigger and bought some BTC.
It does not matter if BTC goes to the 0.786 Fib retrace or lower. This is a long term investment and it's a good strategy to buy as many dips in the Bitcoin price as possible during a bull market before it reaches its $69000 Nov 2021 ATH again.
It does not matter if BTC goes to the 0.786 Fib retrace or lower. This is a long term investment and it's a good strategy to buy as many dips in the Bitcoin price as possible during a bull market before it reaches its $69000 Nov 2021 ATH again.
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