Your cautious yet optimistic stance regarding possibility of significant increase in Bitcoin price is quite understandable. As an informed and experienced Bitcoin investor you are well aware of that predicting future price of Bitcoin is very challenging task. Various factors, such as regulatory developments, general state of global economy and prevailing monetary policies, can impact all risky assets including Bitcoin.
If you treat Bitcoin like a treasure worth holding, your mindset will significantly change. First, you will be more focused on accumulating more of it rather than bothering about the price. Indeed, it is very emotionally draining to be worried about Bitcoin price. From personal experience, one tend to look more on the price of Bitcoin when one is so curious about quick profits and not long term HODL. On the other hand, having a futuristic mindset with Bitcoin will eliminate this burden of looking at price always because the focus will be on how to accumulate certain quantity of Bitcoin by a certain year. This is where DCA comes in and am happy a lot of people are already applying same thereby eliminating some of the psychological burden that comes with buying Bitcoin without a well-thought out plan.
Nevertheless, we can reasonably anticipate that there are favourable odds for significant price appreciation in 2024, which marks the year of Bitcoin's halving event.
The best we can do at best is to expect as it is up to the market to decide. As a believer in Bitcoin, one must have some level of faith that someday, the price will go up even though we done know when and how. Another thing is also to look at history data and correlate same with previous events and the outcome in the price. This is where the halving comes in. So, I agree with you that the halving next year necessitate optimistic anticipation of rise in price.
Personally, I don't have any problem with the idea of ongoingly looking at the BTC price and the value of your overall BTC holdings as compared to fiat, and even part of the sentiment of this thread involves considering the extent to which there might be some value in terms of trying to time dips versus just buying BTC regularly without much if any reference to the price, and I have difficulties considering that both might not be done and/or accomplished without necessarily devolving into trading practices and/or panicking based on BTC price moves.
I recall that my first year and a half or so and maybe more I would manually make my BTC buys, and once I started to use automatic buys that were based on hitting the buy price (also known as limited buy orders), then that became easier to accomplish both manual buys and automatic buys that were based on certain price points... and maybe even less often having to use BTC price alarms in order to trigger me to make sure that I manually buy when the BTC price goes to a certain threshold of my interest.
In 2015, there were even several times in which I looked at my BTC holdings, and I would see that my average cost per BTC would have been something like $580; however, if the BTC price was then in the mid $200s or even lower, I would consider that whatever amount of bitcoin that I bought would be less than half the price of the average cost of my overall BTC holdings, and I would consider that each purchase that I made would bring down my average cost per BTC.. and it took almost the whole of 2015 to bring my average cost per BTC down from $580 and down to around $500 per BTC.. and so then by the end of October / beginning of November 2015, when the BTC price went shooting up from $300-ish to $500-ish, I almost started to panic (well I did end up panic buying at around $500 - so embarrassing) because the BTC price was going to end up being higher than my average cost per BTC, so there was a kind of good feeling that came from buying BTC and bringing down my average cost per BTC with each BTC purchase.