Stop trying to time the markets. We don't know if it's going to go up or down. If someone says they know, they're lying. If they knew, they'd be making a lot of money with it, they wouldn't be trying to convince you that they know. Bitcoin is a volatile, unpredictable asset. With the short-term thinking of trying to time your buys to the market, you're never going to get anywhere. There's no free money to be made. If you're serious about bitcoin, consider educating yourself and look into a more forward-thinking strategy like DCA. If you're just trying to make a quick buck, get out of here. Bitcoin is not for you.
Each day the trading session is divided into the time sessions of various countries like starting with Japan China European US and so on and henceforth. An app based website called Velo depicts these time zones clearly and trading volumes across various platforms. I/O indicators, Volume curve metrics and Calls and puts across various exchanges Deribit tells a lot about the direction of the movement of bitcoin asset. Social media signals sometimes help to trade this asset class as well but that is highly detrimental in the long term perspective.
This is not financial advice.
Timing is not bad if are using DCA, I would rather buy aggressively during a bear market than in a bull market if not totally avoid buying when the market is already pumping or greenish, if you understand the seasons of the market, why do I said so, let say you're buying with DCA strategy, Starting off with one hundred US dollars ($100 ) during the bull market, but I will indirectly be waiting for the bear market season to come in order to increase my purchases during an official bear market , in this case such timing isn't bad, but not when you just stand and be waiting for that perfect you may end missing it. Therefore you don't necessarily have to stay aside and be waiting for that perfect time to buy but have to take advantage of timing by understanding the time of bull and bear season to maximize profits.