Should You Go All-In on Bitcoin Right Now?

Consider the following two indicators:

① Two-Year MA Multiplier Indicator
When the price drops below the 2-year moving average (green line), it signals a bottom-fishing buy opportunity, and purchasing bitcoin will generate excess returns.
When the price exceeds the 2-year moving average X5 (red line), it signals a sell-the-top signal, and selling bitcoin will yield substantial gains.

Currently, bitcoin's price has broken below the green line, meaning the current price offers good value and is worth dollar-cost averaging into.

② 200-Week Moving Average Heatmap
This indicator uses a color heatmap based on percentage growth relative to the 200-week moving average.

Historically, when we see orange and red dots assigned to the price chart, it's a good time to sell bitcoin due to market overheating. Periods when price points are purple and close to the 200-week MA have consistently been good times to buy.

Summary: Based on the two bottom-fishing and top-selling indicators above, current prices present opportunities for gradual dollar-cost averaging. Therefore, you can establish a solid DCA strategy and let time do the rest! The next post will provide you with a bitcoin dollar-cost averaging strategy recommendation for reference.