CryptoQuant: Bitcoin price below realized price, still suitable for building positions
7x24h News
CryptoQuant: Bitcoin price below realized price, still suitable for building positions
CryptoQuant analyst stated that Bitcoin's current 1-week to 1-month realized price is at $117,700, while the market price stands at $116,000, still within the accumulation range. The smart dollar-cost averaging strategy based on realized price suggests that when the market price is below the realized price, it is an appropriate time to establish positions. This strategy uses on-chain behavioral indicators to execute hourly dollar-cost averaging when the price is below the realized price range, and considers gradually taking profits once the price breaks above the realized price threshold.
Navigating Web3 tides with focused insightsTechFlow news, August 8: A CryptoQuant analyst posted that Bitcoin's current 1-week to 1-month realized price is at $117,700, while the market price stands at $116,000, still within the accumulation range. The smart dollar-cost averaging strategy based on realized price suggests that when the market price is below the realized price, it is an appropriate time to establish positions. This strategy uses on-chain behavioral indicators to conduct hourly dollar-cost averaging when the price is below the realized price range, and considers gradually taking profits once the price breaks above the realized price threshold.
