Every beginner should focus on the ongoing buying of bitcoin instead of engaging yourself into monitoring the market because majority of the beginners that was going with this practice end up selling thier holdings in the middle of thier accumulating journey due to panick, As they can't withstand the pressure so to avoid putting yourself in this kind of pressure I would advise you just Stick to your weekly/ monthly buying of bitcoin and pay less attention to the market condition until you reach your investment goal that's if you don't want to be trapped in the middle of your accumulating journey just like other guys.
But you have to be calculative when buying like, when the price of bitcoin is $122,000, definitely it would come down to $119,000 or $118,000 which is the the current stable price of bitcoin so once it hit that lower amount you can buy it and you keep it for long term investment plan. And once buy that you keep it in DCA method to accumulate weekly or monthly and all depends on the way money is coming in to you.
Always security conscious of the investment, don't disclose your investment with people.
That is a trading mindset and not an investment goal. Waiting for the price of bitcoin before investing or accumulating is really not the right approach towards bitcoin investment because such approach or mindset is going to get you to nowhere as you’re missing out on major investment opportunities while you’re still waiting and timing the market price to drop before you start investing and accumulating. Such mindset is not a true investor’s mindset, so such people are not worthy to be called investors but they are traders who only comes for a quick profit and when such opportunity is not forthcoming, they abandon their investment totally and never continue because they are waiting and timing the market price. And again, the DCA method you outlined isn’t working with timing the market