If you said buying bitcoin everyday does not make sense, how then do DCA appear to be on the table of the pattern that make sense to buy since you can choose how to budget your buying strategy under the DCA method you can choose to buy everyday week, month or even per hour depending on how you consider it convenient for you.
I love your assertion, I don't think if there is anything wrong in buying Bitcoin everyday by DCA strategies provided it align with the investment plan of the investor. An investor can target a particular range of price and decide to spread his accumulation on daily interval.
To be fair, buying bitcoin daily is not a bad strategy but the problem is that it is not suitable for most of us as we are just retail investors with limited budgets. Daily DCA is more suitable for investors with larger budgets , imo.
Of course, if we want, we can still use the DCA strategy every day, but let's be smart investors. We should choose the strategy that suits our circumstances instead of following the strategy of whales, institutions or angel investors. In investing, the best strategy is the one that gives us the biggest return, there is no rule to judge which strategy is the best. Daily DCA can be a good strategy and bring great profits to whales, but if it doesn't bring good profits to us then it is no longer a good strategy.