But as a knowledgeable investor who may have had long-term experience in the market, it will be a wise DCA approach to accumulate more bitcoin only when the price is at the discounted level and to avoid DCA when the price is high because a high price should be best used for cashing out profits, and not to open any buy position.
The question is how do you know when the price is low? Ok... Maybe a certain price below the last ATH right? But any price below the last ATH is certainly experiencing a dip so any point in time is good for buying.
Still from what you said, talking about the discounted level when do you predict Bitcoin will experience a dip for you to enter the market. I should believe doing the DCA is good and better because their is every conviction that you must make profits from every funds you invest in Bitcoin , ones your initiative is for the long term and buying very bountiful when you see the Dip.