Is the Bitcoin DCA opportunity over? Here’s what traders are thinking

From cointelegraph by Ciaran Lyons

With Bitcoin dominance back up to almost 60% amid a price stall in the last few days of 2024, there’s a growing belief among traders that it may be time to switch their accumulation strategy toward altcoins.“Altcoins, at this juncture, offer a far more optimal R/R [Risk Reward] profile than Bitcoin does,” pseudonymous crypto trader Dyme said in a Dec. 27 X post , adding:

“Time to DCA Bitcoin is over for another 1.5+ years.”

About 84% of crypto investors have used the dollar-cost-averaging (DCA) strategy, and 59% still use it as their primary way to buy crypto, according to a survey published by Kraken on Oct. 7 .

The DCA strategy involves investing a certain amount of money in an asset at a fixed, regular time, to capture the highs and the lows, resulting in one average purchase price.

  Bitcoin dominance is sitting at 58.4% at the time of publication. Source: TradingView

Dyme said to their 64,400 X followers that the altcoin market in 2025 will be “silly af” and that there may be higher risk/reward opportunities in assets from Dogecoin  DOGE$0.3202  to Solana  SOL$190.81  or a wider range of memecoins. 

Still, Dyme said existing Bitcoin  BTC$96,738  holders should “stay the course and ride it up.”

The trader added: “Assuming, of course, the cycles continue.”

Echoing a similar sentiment, Soap Capital CEO Tyler Durdan said in a Dec. 26 X post  that the “next leg up will be glorious.” Durdan added:

“I’m toying with the idea that it may be the final legs and cycles are, in fact, still a thing.”

Cinnaeamhain Ventures partner Adam Cochran appeared to agree, saying a US Bitcoin Strategic Reserve has “low odds with current Congress,” which could make it hard to see Bitcoin outperforming the rest of the market in the short term.

“Other assets will benefit from regulatory clarity, new launches, new ICO eras etc., and that will suck a lot of liquidity out of the room for BTC,” Cochran said in a Dec. 26 X post .

Change in attitude to Bitcoin “from the top” in the US

Still, some observers, including Blockchain Association CEO Kristin Smith, said the Bitcoin momentum is far from over, and there is still upside potential for newer investors at this stage of the cycle.

In a Dec. 26 interview  with CNBC, Smith said that Bitcoin will reach $200,000 before any likelihood of $50,000. This represents around a 108% increase from Bitcoin’s current price, according to CoinMarketCap  data .

  Bitcoin is trading at $95,720 at the time of publication. Source: CoinMarketCap

Bitcoin was trading at $95,720 at the time of writing. CryptoQuant contributor Darkfost  recently said  that $95,000 is a “favorable zone for implementing a DCA strategy.”

Related: Bitcoin ‘Santa rally’ buyers step in to drive BTC price to $98K

Smith added that the incoming President-elect Donald Trump administration, along with a shift in attitude “from the top” in the United States and more financial advisers getting on board, will trigger a new wave of money flowing into Bitcoin.

“As more and more retail financial advisers are advising their clients to do this, I think we’re going to see more people come into Bitcoin,” Smith said.

“People are holding to look for more Bitcoin, not less,” she added.