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CryptoQuant: BTC Price Below Realized Price, Still Suitable for Position Building
Summary: According to CryptoQuant analysts, the realized price of Bitcoin in the past 1 week to 1 month is $117,700, while the market price is $116,000, indicating it is still in the accumulation zone. Based on a smart dollar-cost averaging strategy using realized prices, it is suggested to build positions when the price is below the ...
According to CryptoQuant analysts, the realized price of Bitcoin in the past 1 week to 1 month is $117,700, while the market price is $116,000, indicating it is still in the accumulation zone. Based on a smart dollar-cost averaging strategy using realized prices, it is suggested to build positions when the price is below the realized price. This strategy involves hourly dollar-cost averaging when the price is below the realized price range, and considering profit-taking gradually once the price surpasses the realized price threshold.
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Link: CryptoQuant: BTC Price Below Realized Price, Still Suitable for Position Building [Copy]
