Bitcoin’s price volatility tends to scare off buyers, but data shows investors who hold for at least three years have a higher chance of locking in significant returns.

Profit-taking by short-term Bitcoin traders accelerated the BTC drop below $70,000, but spot and futures traders may kickstart a quick recovery.

Backtested data and forward-looking models found that dollar-cost averaging Bitcoin buys is the best way to invest in BTC. Will the strategy work in the next bull market?