Bitcoin: Dip Buying Season for Long-Term HODLers
Bitcoin at $79855.65 shows August strength without confirmed breakout, prompting DCA accumulation for HODLers on neutral 4h RSI.
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Bitcoin dip buying season has arrived for long-term HODLers according to @MI_Algos, who highlighted @KAProductions analysis of sustained strength since August alongside the absence of a confirmed breakout that keeps downside risk alive.
Pro traders favor BTC accumulation when momentum weakens rather than chasing tops, aligning with current BTC price prediction models that favor long-term crypto holding over timing precision. On the 4h chart Bitcoin trades at $79855.65 inside the Bollinger Bands with upper resistance at $82430.49 while the neutral RSI at 54.87 and MACD death cross sit above the EMA50 support at $78737.88; this confluence points to a measured pullback toward that EMA50 level before any continuation higher.
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