Bitcoin investors do not need the technical analysis in Bitcoin when they want to invest in Bitcoin, the important thing that a Bitcoin investor needs most is just a good strategy and an amount he/she can invest daily, weekly or monthly.
Analysis is all about trading and other stuff that are related to trading, so if an investor is accumulating Bitcoin then there is no need for the investor to divert to Bitcoin trading, why? Because the investor will not have time to hold his/her coins anymore, more especially when the person is getting little profits from it
Certainly, Bitcoin investors can take different approaches to their investment strategies, and not everyone needs to engage in technical analysis. Nevertheless, an individual with expertise in technical analysis and possessing sufficient experience can make leverage his/her skills to make well-timed entries potentially accumulating Bitcoin at more favorable prices and thereby reduce overall investment costs.
I seem that the favourable time to invest in bitcoin for accumulation is when it's in dip time, and nobody invest in bitcoin without target or timing, we have to understand the procedures of technical observations of bitcoin so that when you invest to accumulate bitcoin and your target will be achieved. What makes people to lose during investment is the timing, because when you don't know the technical aspects of bitcoin and mostly the time of bearish occurrence and time of bullrun occurrence and you invest, whatever you see is your expectations because you don't have a target.
A bitcoin accumulation can be achieved when you target the bearish season and invest more and wait for when the price of bitcoin will rise, so their is something I understand in investment despite investment is all of risk, so you have to have a plan and target before you invest neither technically or manually.
You have provided some good insights into investing by timing the market through utilizing the technical chart and historical patterns and with a well thought out plan. This strategy similar DCA can also help to reducing investment cost, but they do require strong proficiency in technical analysis.
It is worth mentioning here that during the recent bear phase in Bitcoin market, there have been extensive discussion and debates about identifying the bottom price of Bitcoin in crypto communities. Some fortunate individuals were able to identify this bottom at around $12,000 in 2022 and made significant Bitcoin purchase. I strongly believe that in the context of current positive development in Bitcoin, such as immense interest of financial institutions in spot market ETFs, it is possible that we may never see $12,000 or even $20,000 price again in future.