~snip
What makes it too early to by bitcoin now?, and what do mean by the bottom, is there a fixed DIP price to be called the bottom? If the price of bitcoin is falling, it is a time to buy more bitcoins if you have reserved funds but you should not empty your reserve, what you will be doing is to buy at every DIP price that is if you have enough reserve funds in your discretionary income. So you buy at every DIP price continuously till the price begins to skyrocket again then you can just focus on your usual DCA. Already, the market corrections we are seeing now is advantageous to those who have been waiting for a DIP and those who have been waiting to buy more bitcoins when the price falls, so it may look like the decline in the price is affecting the market but somehow, it is a blessing in disguise and when you will know this is when you have acquired now and hold for a longer period of time when the price will skyrocket again are possibly get a new ATH.
You can call it a blessing in disguise to some, while it's almost like a curse to others. Most people that once had spare cash must have probably used it up when Bitcoin was around $80K. Trump being trump, another opportunity has present itself, and they are not able to capitalize on this one, isn't that something to be sad about?. That aside, just like you've said, there is no bottom or specific lowest point that Bitcoin will drop to. This recent market condition is as a result of one man's influence and decisions that isn't going well with the major part of the financial market, so it will be very difficult to figure out the next time we will become very bullish(just like what we experienced in November). It was around $74K few minutes ago, can't see a better opportunity than that.