Bitcoin Support Levels: Why Jack Mallers Says DCA Now

Bitcoin DCA — dollar-cost averaging into Bitcoin on a fixed schedule — is getting a loud public endorsement right now from one of the most connected names in the industry. Jack Mallers, the CEO of Strike and a vocal advocate who grew up in Chicago's trading world, has spent the past several weeks telling his audience one thing: turn it on. With BTC sitting at what technicians are flagging as critical support, and a cocktail of indicators lining up in ways not seen since the last major bottom, his call is harder to dismiss than it might seem at first glance.

What Is Bitcoin DCA and Why Does It Work?

Dollar-cost averaging is simple on paper. You buy a fixed dollar amount of Bitcoin at regular intervals — weekly, biweekly, monthly — regardless of where the price is trading. No timing the market. No stressing over whether today is the right day. Just steady accumulation. The magic is in the math: buying consistently means you pick up more sats when prices are low and fewer when they're high, which automatically tilts your average cost downward over time.

Bitcoin spends a surprising amount of time going sideways. Traders call it consolidation — the market digesting the last move before deciding what to do next. For Bitcoin DCA practitioners, those flat stretches are actually ideal. Every week the price stays depressed, you're stacking at a discount relative to wherever the eventual breakout lands.

The strategy's real power shows up at the end of a cycle. Someone who ran a consistent DCA through a bear market arrives at the next bull run with an average cost that looks almost prescient — not because they timed anything, but because they didn't try to.

Why Jack Mallers Is Ringing the Bell Right Now

Jack Mallers, whose Strike platform is one of the largest Bitcoin payment rails in the U.S. and operates with Tether as a key partner, doesn't make a habit of broadcasting buy signals. So when he does, people in this space tend to pay attention. On his podcast, he's made it explicit over the past several weeks: now is the time to turn your DCA back on.

The case isn't just vibes. Bitcoin is currently sitting roughly 51% off its cycle top — a drawdown that, historically speaking, puts us closer to a floor than a ceiling. Look back at every Bitcoin bear market and a pattern emerges: corrections have gotten progressively less severe with each cycle. The worst drawdown on record hit 77% during the 2018 bear. The one before that was even more brutal. The trend is toward shallower lows, likely because institutional capital now buffers the market in ways retail-only markets never could.

A 70% correction from cycle highs would push Bitcoin toward $40,000. That's the extreme downside scenario, according to historical analysis, and even that number represents a buying opportunity that most investors would look back on with envy. The more probable scenario, based on where indicators currently sit, is that the worst is already behind us.

It's time to turn on your DCA.

What Do the Technical Indicators Actually Say?

Is Bitcoin's weekly RSI signaling a bottom?

Yes — and it's not subtle. Bitcoin's weekly RSI has dropped into territory that, going back a full decade, has consistently marked a cycle bottom. Every time the weekly RSI has hit levels this low, buyers who stepped in walked away well compensated. That doesn't make it a guarantee, but it's not a coincidence either.

The Mayer Multiple — which measures Bitcoin's price relative to its 200-day moving average — is also sitting in what's broadly considered the buy zone. These aren't fringe metrics dug up by perma-bulls. They're standard analytical tools that institutional desks use alongside retail analysts.

Then there's the Bitcoin fear and greed index, which has been flashing extreme fear for weeks. The phrase gets repeated so often it loses its punch, but the contrarian logic behind it is real: extreme fear has historically preceded significant price recoveries. When the crowd is most convinced something is broken, that's usually when the setup quietly forms.

Bitcoin has also recently crossed back above its 50-day moving average. If it can consolidate in the $70,000 range or above, the setup for a golden cross — where the 50-day crosses above the 200-day moving average — becomes increasingly plausible. That kind of signal has historically marked the beginning of new bull phases, and traders with positions already built through DCA would be sitting in an enviable spot when it prints.

The Macro Backdrop Isn't Irrelevant

Some of the fear in this market isn't Bitcoin-specific — it's macro. U.S. debt yields have stalled, and signals from the Federal Reserve suggest rate cuts are coming. Trump's nomination of Kevin Warsh as the next Fed Chair — still awaiting Senate confirmation — reinforces the read toward looser monetary policy, more money printing, and lower rates. That's historically a tailwind for risk assets, Bitcoin included.

U.S. Treasuries aren't exactly the hot ticket for foreign investors right now either, given ongoing geopolitical tension. That makes alternative stores of value more attractive by default. Cheap money has to go somewhere.

There's also the halving clock to consider. The next Bitcoin halving is expected in early 2028, and we're already roughly halfway through the current cycle. In past cycles, Bitcoin has tended to front-run the halving with a move — markets price in the supply shock before it actually arrives. Whether that dynamic repeats is anyone's guess, but the setup rhymes.

What About AI Stocks and the Quantum FUD?

Roughly $1 trillion has flowed into AI infrastructure over the past few years, and sentiment toward AI stocks remains tilted heavily toward greed. That capital allocation has arguably crowded out Bitcoin during this cycle. But history is full of examples where a single narrative soaked up all the oxygen before something broke — and when it does, liquidity flows fast. An AI correction of meaningful size would likely redirect a chunk of speculative capital back toward Bitcoin. Call it a hedge, call it rotation — either way, Bitcoin would benefit.

The quantum computing threat deserves about two paragraphs of attention, not the hysteria it sometimes gets. Bitcoin core developers have been working on quantum-resistant solutions for years. Formal improvement proposals are already drafted. The broad consensus among cryptographers who actually understand the problem is that quantum hardware is still far from posing a real threat to Bitcoin's cryptography. Investors who sold on quantum FUD are likely on the wrong side of that trade.

None of this is investment advice — but it is the honest read on where the signals are pointing. The confluence of a deeply oversold RSI, a Mayer Multiple in buy territory, extreme fear readings, macro tailwinds, and a CEO of one of the largest Bitcoin exchanges pounding the table — that's not a coincidence you ignore.

Why DCA Beats Trading for Most People

The case for DCA isn't just about entry points. It's about the difference between what most people can realistically execute and what professionals spend years — often losing years — learning to do. Studies on professional traders have shown that most lose money, and the ones who eventually succeed typically spend a decade in the red before turning a profit. That's the human capital cost of learning to trade. It's enormous.

Bitcoin DCA has none of that overhead. You set a recurring buy order on any number of platforms — Strike, Kraken, Swan, Bull Bitcoin, and others all support automated DCA — and then you leave it alone. The cognitive load is near zero. The time requirement is near zero. And the historical returns, modeled over multi-year periods, are genuinely hard to argue with.

Platforms like Strike have made the automated side frictionless, which matters more than people realize. The biggest risk in a manual DCA strategy is that you talk yourself out of buying during the worst moments — when the price looks most terrifying and every headline is catastrophic. Automation removes that decision entirely. You buy on the bad days because the system says so, not because you felt brave enough.