Many people DCA during bear markets when prices are low and fear is high. But with current prices climbing and sentiment shifting toward greed, is it still wise to keep averaging in at regular intervals?
That's not DCA, but buy the dip.
DCA is a strategy where you accumulate an asset with regular interval
without looking at the price. If you waiting for the price to down/bearish season, you're trying to buy at the lowest, which is no longer DCA.
To answer your question, it's up to you, if you not able to commit with DCA then that's fine.
Agree, what OP for sure mentioned is like "buying the dips" strategy, where if Bitcoin price drops, that's the only time they buy, which for me is not really a DCA strategy.
But to answer OP's question - Doing DCA in a bear market is really effective, especially before we broke $100,000 level, that was really best experience to DCA during bear market.