Bitcoin is currently sitting about 54% under its fair value based on its Price to Network ratio.However, we must be cognizant of the recessionary environment over the next few quarters and have an investment strategy that can maximize our buying power.Bitcoin often follows equity market sell offs, as well as follows and anticipates central bank maneuvers.Currently, there's still 50% downside risk, but at least a 2x reward were it to revert to fair value, or a 3x reward were it to revert to an ATH.Bitcoin (BTC-USD) is currently sitting in the $21k range at the time of writing, representing around a 70% draw down, from the all-time high of $68,978, for this volatile commodity. Based on my valuation model, it is also sitting about 54% below its fair value.For long HODLers with multi-decade investment horizons, this is an attractive time to invest or add to your positions. But for those with shorter horizons, or those wanting to allocate capital in a strategic DCA fashion, based on what may lie ahead in the next few quarters, it might be prudent to come up with a game plan based on probabilistic outcomes.Buying Strategy InventoryMy forward buying strategy for the next few quarters is based on valuation, probabilistic downside in the current macro environment, and BTC's typical price action as a function of equity market movement, and central bank maneuvers.ValuationI valuate BTC with my proprietary Price to Network model, that you...