There is always a possibility for a correction, and that is part of the reason that everyone needs to invest in bitcoin in a way in which he prepares for short-term price moves in either direction, and if he has no bitcoin, then he is not prepared for up.. .so even if the BTC price has already gone up more than 60% in the last 2.5 months, that still does not mean that it might not continue to go up from here.
That's right, as you said, there is always the possibility of a market correction and sometimes it is beyond our understanding and just look today at how it can suddenly go down even though if we look at the graphic data it shows it will go up. So, what is needed in this situation is fresh funds to be able to absorb any downturn. Apart from research and observation before buying, the luck factor is not needed at all here because DCA is a pattern of buying every drop if we have savings.
While deciding to trade we make sure that we have extra funds to use for any possibilities that will happen so that we cannot touch the first funds we use which get trapped on unforeseen correction happened. Since if we are not really prepared with this for sure we provably get panic and instead we think about right think we commit mistake by dumping our bought bitcoin since we are not fully ready with these consequences then get panic. That's why if we want to do DCA make sure we also have plan B so that we can make other actions and do more better decisions.
Correction always happen that's why we always need to look at this situation and don't play around since we think bitcoin will continue to pump. If we do that for sure we regret these since for sure there's so many fuds will scatter and might we get affected with those situation.
But for sure over the time we are trading we can learn a lot base on our experiences then for sure we can choose whether we do DCA or do long term HODL since we are well equip with knowledge we get thru our experiences in the market.