💎 Get $10 on Strike, and start an hourly DCA:
https://invite.strike.me/JQPFJL

Use KOINLY for easy crypto taxes: https://koinly.io/?via=E72819FA

My plan to predictably buy the Bitcoin bottom.

00:00 - Intro
0:55 - Bitcoin Bottom Signals
2:58 - Pi Cycle Bottom
3:52 - Bitcoin Gutter Accumulation
4:23 - Is the Bottom In?
5:37 - How to Buy the Bitcoin Bottom
7:35 - Hourly DCA Tax Implications
8:50 - Watch Next

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💎 Get $10 on Strike, and start an hourly DCA:
https://invite.strike.me/JQPFJL

Use KOINLY for easy crypto taxes: https://koinly.io/?via=E72819FA

•••••••••

#Bitcoin #bitcoinprice #crypto

The question on everyone’s mind is: IS THE BOTTOM IN with Bitcoin, and if not - where will the bottom be?

Because if we’re able to identify and buy the bottom, we’ll see the highest possible returns as Bitcoin appreciates in the future.

But at the same time, trying to time the bottom might be greedy when prices have already gotten so cheap. Not to mention it’s near impossible to perfectly time the bottom, unless you use the strategy I’ll discuss in this video.

For starters, based on what we’ve seen, it seems probable that we’ll retest the recent lows on Bitcoin or perhaps go even lower. So, I have some limit orders set from the mid $16,000s to the low $18,000s - perhaps some of them have already been filled by the time you’re watching this video. This is betting on Bitcoin going lower, because I will benefit by picking some up at these cheaper prices that I believe to be probable. While this price range may not be the absolute bottom, I think I have a likelihood of getting filled at these prices and I’ll be happy to buy there long-term instead of placing limit orders at a potential bottom that may never come.

But because no one knows for sure that this will happen, and I want to make sure I accumulate some Bitcoin at these historic prices if these orders don’t get filled, I’m also using a new dollar cost average strategy. I have recently started using the Strike app to purchase small amounts of Bitcoin every single hour. This means that every 60 minutes I am buying Bitcoin no matter what the price is. And the best part is that Strike charges absolutely no fees on these orders, so every cent goes into stacking sats.

By doing this, I know I can slowly buy Bitcoin every day, and if it never retests the lows, I will still have accumulated at great prices for the long-term. But, if Bitcoin does test the lows or even sets new ones, I’m virtually guaranteed to buy the cycle bottom, assuming it occurs after I started these DCA purchases. I may only get a few dollars at the absolute bottom with this approach, but I know at l the very least I will have timed it perfectly thanks to this hourly DCA strategy.

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This video is meant for informational purposes only, and is not a recommendation to buy or sell any security or cryptocurrency. It is also not a research report and should not serve as the basis for any investment decision. Additionally, I earn commissions for purchases and sign-ups made through the links above.