The picture explains the fear and indecisive most investors are having on Bitcoin price movement right now, This is the fear of getting curt by Bitcoin price if depreciating more against there entry point, so I believe that's the reason why most investors are actually wanting to be sure on the Bitcoin direction before accumulating for there portfolio.
But to me I believe that no time is wrong for an entry point to accumulation some Bitcoin because is a very potential coin and the future is bright so the possibility of enjoying your investment in the future is certain but that's for long time holding because there is no way you will accumulate some Bitcoin now and expect it to sky rockets immediately.
Doubts and fears are very natural, and it is the nature of every human being. It is not a problem as long as we do not fall into that fear or doubt and make us never move to start collecting bitcoins in our portfolio.
It is interesting to read your words regarding
"I believe that no time is wrong for an entry point to accumulation some Bitcoin" because even if that is true then an investor who buys bitcoin must hold it longer, unlike when they buy during a price decline. For example someone who buys when bitcoin hits the last ATH, then how long does it take them to be able to turn their portfolio into a profit? here requires a very strong mentality to be patient to hold it, because if not then they will be frustrated and sell it at a much cheaper price.
Not everyone can do that, especially if they're someone who doesn't have a lot of patience.
I like your own perspective mate, my reason of saying there is no wrong time on entring into the market to accumulating some amount of Bitcoin on your portfolio is because taking for instance when Bitcoin price was $3k and it moves from the price gradually hitting $50k, investors was still positive that even if they miss the chance of accumulating enough Bitcoin when it was chipper they will continue to buy more with the believe of going to the moon in the future because just like how Bitcoin move from $3k then and hit $50k nothing can hold it from moving more and more higher in the future.
In times of distinguished from buying when Bitcoin price was dip and when it has come up is the profit margin because you can never compare the profit of someone that buys the dipp and someone that buys when is up already but most investors do not reason that way, most times is only the short holders who just want to accumulate some amounts of Bitcoin and sell immediately if the price is up are the ones that needs to consider the price before entring, but a long time holders do reason the market dipp but it doesn't prevent them from boosting there portfolio because they don't judge Bitcoin by it present condition but instead they focused on what will become of them in the future.