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.
If your goal of buying Bitcoin is to hodl for the long term then it's totally unnecessary to time the market, buy when you have the funds, no need to wait for the perfect price. This is why DCA method is highly recommended, we cannot overemphasize the importance, it is the core of being focused without letting distractions to sway you. If you cannot control the market to know the perfect entry point for you then you can perfect on what you have a control over and that is your bankroll.
Have a budget for your income, determine what comes into your discretionary funds and further determine the allocation to be using to buy Bitcoin. It doesn't matter what the current price is, what matters is that you know that Bitcoin is a store of value and it has the potentials to always reach ATH. On the long term you are sure of getting ROI on your capital, this should be the focus and goal of long term accumulation and hodl.
You should always be aware when investing in Bitcoin. You should spend money to invest in Bitcoin that is not necessary for your normal life and without that money you can overcome all your dangers. If you continue your investment without paying attention to these things, you may fail to make Bitcoin long-term, because you will need money as long as you live, suppose someone in your family gets sick and you have to spend a lot of money to get him/her cured. In that case, you may lose your favorite thing, because then you may be forced to sell Bitcoin to overcome that danger and then the price of Bitcoin may fall into a dumping situation and you may not be able to sell Bitcoin at a good price and you will suffer more financially, so you should first create an emergency fund, and complete the long-term by investing in Bitcoin which can increase your wealth several times.