It is obvious that this set of people are traders and they are considering short term profit because any investor that plan to hold bitcoin for a longer time would not see the current price to be expensive. Just of recent I met a guy that said he is waiting for bitcoin to dip to $35k before he continues accumulating which is very wrong. It is mostly traders that have this kind of mind set and not investors, so the current price should be something that should motivate people to accumulate more bitcoin because bitcoin has already proven it's worth over the years and it has not reach its climax
There is nothing wrong with buying bitcoins during market dips, but if you have enough money to invest, it is considered a bad decision if you wait for dips instead of investing regularly. Instead of waiting for dips in investment, regular purchases with small amount of money can be a right decision for you. The Bitcoin price that the above mentioned person is waiting for may be impossible. But in the Bitcoin market, the price of Bitcoin can drop a lot and even suddenly increase at times. We may have seen earlier that the price of Bitcoin has dropped significantly in 2023.