And Dollar Cost Averaging (DCA) is one of the doings of a lot long term Bitcoin believers because if you are doing Dollar Cost Averaging (DCA) you will not enjoy profits in the short term as you cannot guarantee that for every buy you execute it will immediately pump.
So, you need to be patience too if you want to adapt Dollar Cost Averaging (DCA).
I found out that in DCA, it's also possible to buy when the price is at the dip. This means that we can expect a short pump and we can sell our btc for short term gains but I think most of the time, DCA users don't mind if the price is high or low but what is important for them is to follow their buying schedule. They are in for long term anyway so they know that the price can always rise higher than on what they currently or previously see.
I believe that DCA got even more popular this year because people starting to get that the bear persists to continue so instead of their usual strategy which is to all in, they try this new start called DCA and slowly accumulate after each decline.