Timing bitcoin market are mostly done by traders, they spend more time studying when to buy and sell looking for quick profit by selling their bitcoin in loss. Investors who watch bitcoin market waiting for the dip sounds like a waste of time because they’re missing out by holding fiat whereby value depreciate, it’s better they buy the dip now else they might never see the previous dip although even if previous dip price range will come they’ve already wasted their time.
I think it is really hard to time the Bitcoin market. I know people from previous cycles, who want to invest in bitcoin and looking for the perfect entry point but they kept waiting. Similarly, people try to find the exact top for exiting the markets, but they always end up holding for too long, because it's hard for retail to time the market. The best thing retail investors should do is to DCA at all levels, whether they are buying or selling bitcoin.
To me, it is only the institutions that can time the market, as they are the ones who know when to pump and dump the market. In fact, they have the money to move the market according to their will.
Timing the market is really a wrong investment approach as I think that timing the market is same as waiting to invest or accumulate bitcoin only when the price is low or better still you’re waiting to invest or accumulate only when it hits your desired price. I think is practically impossible to be able to get it right as you want it, not even the institutions you mentioned are able to get it right as they want it. Bitcoin being decentralized isn’t control by anyone or institution and there are several factors which affects the price of bitcoin and most of this factors are unknown to anyone and not even the institutions you mentioned here. Timing the market is an act mostly carried out by bitcoin traders and not true investors, and while trying to wait for your desired market price, you end up waiting for too long and may likely forfeit your investment because the time isn’t coming as you wish. The time wasted while trying to time the market would have been used to gradually accumulate some reasonable amount of bitcoin stash in your portfolio and gradually meeting up your accumulation target. Anyone who truly understands the dynamics of bitcoin investment wouldn’t attempt to time the market knowing fully well that bitcoin is highly volatile and also it’s a long term investment and to be able to achieve some level of success in it you must be patience to accumulate consistently and hodl no matter what the price is as you can use your discretionary income to accumulate via the DCA method.