I agree with you because I have also been looking at past data of Bitcoin and taking note of how much Bitcoin I would have gotten using the same amount of money under various market conditions. Generally, any method of buying Bitcoin in a bullish market is good for those who want to see quick profits but not the best for those who want to hold for long because if peradventure bear market comes, price might fall below their entry point, putting then in huge negative and at this point it takes a great deal of courage, trust and faith in Bitcoin to hold a huge bag in negative throughout the bear market.

On the contrary, during consolidation or bear market, one can accumulate decent amount of Bitcoin at very low prices in such a way that any significant rise in price will easily put the entire portfolio in profits.

There seems to be good flexibility in your approach. To a large extent, this seems like buying the dip that many combine with the DCA method. It is actually a wonderful approach as it enable one take advantage of the discounted price.