Personally, bulk buying of Bitcoin isn't my thing, I have never tried it and I wouldn't say I hope not to, I would like to if the opportunity presents itself but, am not sure am going to plan for that by having to save up some money while waiting out for rye market to dip. No, that's not want I would want to do or advise of anyone.
At the end, technical analysis isn't exactly bad though. It gives insight not on an individual perspective but on the whole of some possibilities that could be expected with certain moves on the charts. Sometimes, it plays out and at other times, it doesn't.
Hence, you don't base an investment on that.
Everyone has their own way and personality in planning their investments, as well as owning Bitcoin for the long term which can also be considered as an investment in their own future. Because if someone doesn't want to own Bitcoin at times like now, of course there is a big question mark for that person that maybe he still lacks the money to buy it. Or he still lacks knowledge in understanding Bitcoin so that he still hesitates to believe in Bitcoin in the long term and if the reasons are more technical. This shows that you yourself are a trader who likes to see profits in the short term by understanding every Bitcoin price movement itself through the charts in the market.