Mallers Urges Bitcoin DCA as Institutions Hold Firm Through 50% Drop

Edgen Crypto

·Mar 17 2026, 02:19

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Key Takeaways

Strike CEO Jack Mallers is publicly advocating for investors to Dollar-Cost Average (DCA) into Bitcoin following a significant market correction. This call to buy is reinforced by on-chain data and analysis showing that institutional investors have largely maintained their positions, suggesting high conviction despite the price volatility.

Prominent 'Buy the Dip' Call: On March 16, Jack Mallers encouraged buying Bitcoin, highlighting that its price had fallen 50% from its highs and its weekly RSI indicator was in oversold territory.
Institutional 'Diamond Hands': Professional investors have demonstrated resilience, with Bitcoin ETFs experiencing less than $10 billion in outflows after the downturn, compared to $60 billion in cumulative inflows gathered before October 2025.
Key Price Levels Emerge: A strong support zone has formed with nearly 600,000 BTC trading between $60,000 and $70,000, while analysts watch the $75,000 level as the next major resistance.

Mallers Calls for DCA as Bitcoin Price Falls 50%

On March 16, 2026, Strike CEO Jack Mallers advised investors to activate their Dollar-Cost Averaging (DCA) plans for Bitcoin. His recommendation came as the digital asset traded 50% below its all-time high, a downturn that pushed its weekly Relative Strength Index (RSI) into territory widely considered oversold by technical analysts. Mallers' public call frames the significant price drop not as a crisis but as an accumulation opportunity for long-term believers.

Institutions Hold Firm With Under $10B in ETF Outflows

The sentiment to buy the dip is not limited to retail-facing advocates. Data shows institutional investors have largely held their positions through the market turbulence. According to Bitwise CIO Matt Hougan, Bitcoin ETFs that accumulated approximately $60 billion in net flows through October 2025 have seen less than $10 billion in outflows since the price fell by half. This behavior challenges the narrative that professional investors are skittish, instead suggesting a high-conviction, long-term thesis.

In other words, despite a punishing bear market, professional investors have proven to be ‘diamond hands’ in bitcoin.

— Matt Hougan, CIO of Bitwise

A New Support Zone Forms Above $60,000

On-chain data reinforces the idea of a potential market bottom. Recent volatility saw nearly 600,000 BTC, valued at over $40 billion, change hands in the $60,000 to $70,000 range. This heavy volume has created a dense ownership cluster, which analysts believe could form a robust price support zone. While this new floor provides a defense, the market's next major test remains the formidable resistance level near $75,000. A decisive break above that price is seen as critical for confirming a renewed bullish trend.