Ups and Downs is a common image of a trading platform. You must develop a risk appetite before investing. The interesting thing here is that some are looking for a dip in Bitcoin while many are expecting bullish ones. As a Bitcoin investor I would certainly welcome the dip as I would not pass up an opportunity to buy at a low price to save my Bitcoins for the long term. I will take every dip as an opportunity and try to hold it as best I can. But since I follow DCA these dips and highs don't affect me much. I know the market will be bearish again and bitcoin will lose its value but my bitcoin holdings will not decrease but i get the dips it will increase my wealth in the future.
Well, that's true, every increase there must be a decrease and every decrease there must be an increase, as we have seen today where at the end of last year BTC fell to $15k and today Bitcoin is trading at $35k. So any dip is always the best point to accumulate bitcoins where we can hold them for a long period. Well, DCA certainly won't have an effect because every purchase is made in stages, either at a low price or an expensive price, because at the end of the target we will adjust the average entry for the purchases we have made.
Many hope that the price of Bitcoin will fall again so they can buy aggressively but the market will not change immediately because we are already at the point of a 46% decline from its highest price. Therefore it is more appropriate for us to continue buying bitcoin while we are still below its highest price.