It is a good opportunity to buy and hold Bitcoin now as it can definitely pay off. But some people say that Bitcoin will fall further and its price may reach 40k. Still this is hard to be sure of. Bitcoin has seen a lot of ups and downs. Hence , it looks like Bitcoin may fall to 40k. It is important to understand risk when investing. Are you thinking of investing right now.
Using DCA one doesn't need to buy only when the price dips or sell at bull run. You can set a weekly or monthly budget to be used for accumulating so you don't necessarily wait for dips or pumps. Waiting for dips sounds more like trading and if you miscalculated the trend due to trend change you'll run at loss, which is not the desire of any bitcoin enthusiasts it may or not dip further but either ways we have to be prepared for the outcome by holding for long term.