The price of bitcoin can experience price drop at 40k and it will be under probabilities for the price to crash to the extent of going beyond 30k and 20k, if such happens many people will be disappointed at bitcoin investment and investors will not allow such thing to happen, because if bitcoin mistake fall drastically many people will say that bitcoin is a scam and that will damage the images of bitcoin, so from my understanding of bitcoin and it's values I don't think bitcoin the price will drop more than 50k, because since we experienced 70k in price and the price keep on fluctuating it never pass 50k below in price.
Can't we currently focus on buying instead of focusing on price? Of course we can. My question is why are you concerned about value in long term investments? Are you not a long term holder? I don't care how you would react to that. I think once you've committed to the long term and started saving, keep saving mate, don't make your goals shaky by focusing on value. This is detrimental to your investment.
You should have only one goal, I need to buy certain amount at certain time. No matter what the cost. Sometimes you buy less bitcoins at higher prices and sometimes you buy more bitcoins at lower prices. That's the beauty of DCA, the only effect of price here is that it gives you more/less profit. But it is almost certain that you will benefit in the long run. So don't worry at all about the price of Bitcoin. If the price drops, see it as an opportunity to make more profit.
If they pay to much attention on the price of bitcoin there's huge chance that they might get affected on each bad movements happened. This might contribute to for a bad loss especially if they can't handle much the pressure brought up by market downfall. That's why instead of thinking about the price and its volatility people should focus to accumulate whatever the price of bitcoin present to them. If they could just focus on other things that can help them to enhance their confidence bitcoin this really more better for people. Thinking about the price would end up bad for them since imagine the fear it possibly created especially if the market experience a bad trend. So buy even if market is pumping or dumping since if we are using DCA provably we can say that every efforts we do is really worth it especially if we gain good returns in future.