Technically this might not be a good advice for a newbie, making an investment decisions based on the current market trend is not actually a good one,
It is not really good to make investment decisions based on current market trends, your comment may be confusing for new investors. One of the first few things that a new investor should know before starting to invest is buying bitcoins immediately. Many of the biggest investors in the world and most of the members of this thread have repeatedly said that Bitcoin can be bought all the time, there is no special moment or best time to buy Bitcoin.
Considering the current market price can help investors to make a good decision, that will bring good profit to them in the future, hope you know that, this is decentralized investment which anything can happen at anytime for people to change their decision toward the situation in the market. Investors should know that buying BTC in the bear run give people more opportunity to earn massive profits from the market, when the bull run occur in the market, you can see the majority of investors that are happy in this current price that hit $102k few days ago, and those are the investors that took their decision to buy BTC when the price was low some years ago before they decided to trade them in this bull season.
You can buy BTC all the time when you are financially buoyant, don't forget that all investors are not equal in this industry, and it will be favourable to buy BTC in the bear run because there is a chance for investors to boost their profits in the bull season.
There's no doubt that buying bitcoin during the bear season will give you more profits, but it will be a dumb idea for a brand new investor who wants to start his bitcoin journey and has the money to start right away should start waiting for the bear market when no one knows when it will come and how much will be the bottom line of the bear market. This is why there's no need waiting because you are already late to bitcoin, the new investor should get started immediately and continue buying with DCA regularly for 4-10 years and above, so that he can be buying bit by bit and grow his bitcoin stash overtime.
However, I also want you to know that new investors don't need to be timing the market for cheap price because he is after how much profit he will make in the next bull run because he will can get distracted and be playing with his bitcoin journey slowing the increase of his bitcoin portfolio. Since they're on a long-term drive, only consistency and persistence in their bitcoin accumulation in a long-term will give him good quantity of bitcoin in the long run, and your profit in future depends on the size of your bitcoin portfolio.
Bitcoin price is not too expensive that you should be waiting for the bear market, because the more you are waiting, the more you are missing out the opportunity in the market. Bitcoin price waits for no man. Get started immediately, if you have the money and you wouldn't regret your actions as long as you are investing in a long term.