And this is the function of running a DCA strategy because the price of Bitcoin is not easy to predict in the near future, but in the long term the price of Bitcoin will rise even if there is a decline.
We may be able to speculate the price of it but if it's about predicting it properly and accurately, one thing we can say is that it's always been unpredictable.
From what I've seen over the past few years, the people who guessed correctly were pretty much right. Although it is not possible to accurately predict the price of Bitcoin, some estimates are fairly reliable. Bitcoin investors gain confidence in investing around speculation.
but in the long term the price of Bitcoin will rise even if there is a decline.
I really see a future in Bitcoin the value may fluctuate and uncertain but it has still shown that it has the ability to recover it's potential of appreciating and growing it value over time. Self conviction is am important factor that encourage an investor to hodl unto his investment even much longer than he planned. With your dca you don't have to monitor the market price, giving you that emotional rest needed to manage your asset.
DCA is a sound investment strategy for those with relatively less experience, insufficient funds, reduced investment risk, etc. Through which an investor can proceed to grow his wealth relatively safely. In the long run this will provide human relief as well as play a major role in the growth of the Bitcoin portfolio.