Prominent crypto analyst Kevin Capital says he has begun dollar-cost averaging into Bitcoin (CRYPTO: BTC), even as his long-term roadmap points to a possible decline down to $44,000.

Why It’s Time To Buy

In a podcast on July 27, Kevin argued Bitcoin is approaching a bear-market bottom from both a price and timing perspective, making gradual accumulation more important than identifying the exact lowest trade.

He said Bitcoin has entered the July-through-October window in which he expects the current bear market to bottom.

That period has also marked the beginning of his planned dollar-cost averaging strategy, with purchases spread across major support levels rather than concentrated at a single price.