> For the complete documentation index, see [llms.txt](https://docs.candelacharts.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.candelacharts.com/investing/market-valuation-and-on-chain/bitcoin-realized-price-bands/usage.md).
# Usage
Timing macro cycle tops and bottoms in Bitcoin is notoriously difficult. By comparing spot price against the Realized Price baseline, you can use these guidelines to execute long-term accumulation and distribution:
* **Accumulation**: Use the Lower Band and Realized Price levels to identify historic accumulation zones for long-term spot positions. When the price is below the Realized Price, the asset is historically undervalued.
* **Distribution**: Monitor the Overvalued and Extreme Bubble levels to gauge when the market is overheated and consider taking profits.
* **Timing with Signals**: Combine the built-in crossover signals with broader market context to time macro entries and exits effectively.
* **Macro Perspective**: Strip away short-term noise and evaluate Bitcoin's price relative to its fundamental on-chain cost basis.
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