Bitcoin and Altcoins Decline

The leading cryptocurrency Bitcoin (BTC) and altcoins have experienced consecutive sharp declines in recent weeks.

As US President Donald Trump’s move to buy XRP, Solana (SOL), and Cardano (ADA) has revived the market, CryptoQuant analyst shared a simple yet historically proven Bitcoin buying strategy.

Shopping Area Metric

Using the “Shopping Area” metric, the analyst claimed that when this metric enters the 1 or 2 area, it is an ideal time to accumulate during the bull phase.

The analyst stated that during periods when the Bitcoin price dropped by 15-20 percent, the Shopping Area metric also dropped to the 1-2 area, and historically, this has been profitable for investors to buy during these periods.

Warning to Investors

Although the analyst indicated that this metric has historically worked for Bitcoin, he warned investors that there is no guarantee the same situation will occur this time.

> “When Bitcoin enters Trading Area 1 or 2 (15-20% price drop), it has historically been a great time to accumulate during the bull market phase.
>
> Why it works: These levels are historically proven accumulation zones. Ideal for taking advantage of market overreactions.”

This is not investment advice.