But don't panic when we seeing the market still going down for more because that will be temporary and it will increase. Hopefully, we will have other good time in the next week so the price can increases back.
I don't think it will be possible to know exactly when the price will increase because even now you cannot tell when the retracement will stop. Due to the difficulty in know where the market will reverse, I have decided not to bother myself with such things, instead I put that energy into making good use of the opportunity the market offers at every point in time especially at a time like this where the market moved from $70k to a little above $60k which is a $10k differential. This will represent a chance to get a substantial amount of Bitcoin at very low price. So the plan should be to buy it all the way down to wherever it will stop the decline.
I completely agree with your plan, but I can imagine that this plan is just something some users say without actually doing it. Accumulation at any price is recommended when you have decided to invest, in whatever asset it is, accumulation is still recommended. The positive side of accumulating when the price corrects is that you will get more bitcoins, while you will get more returns when the price recovers. The average purchase price becomes lower, so you have directly cut the percentage loss due to the price decrease.
Of course, now it will take us longer to get $100k to become a reality. But I'm still optimistic about the possibility that $100k is achievable in 2024. If this fails, I definitely don't regret it because I'm basically still keeping the profits in my portfolio.