We are seeing Bitcoin’s price bottom at a level that would have been an all time high 2 months ago. That is bullish.
Bitcoin isn’t ready to top for this cycle yet, but it’s possible it has. I think it is still a market to buy though. The value is getting high to be taking on big new positions, but I don’t see any reason to stop DCA’ing.
The DCA method for me is the most subtle method to accumulate bitcoin no matter the price. If an individual decides to lump sum then is basically dependent on his level of income, but for the DCA method it’s not dependent on any category, both the high and low income earners seeking a long term strategy of continuous and consistently accumulation of bitcoin and hodl, are most certainly and likely dependent to go by this method to accumulate and hodl. The DCA allows you the most stability and consistency in the market which for me you don’t depend on the price of bitcoin before you accumulate. I don’t also see any reason stopping DCA.
This should be a lesson for investors that are waiting for the perfect time to buy Bitcoin, they should know that it's a volatile asset. If you're on it for the long term it is better not to worry about the current price before you buy, your focus should be that on the long term we will always see ATH. This is why I never get tired of talking about DCA method of accumulation, it helps you to be focused and consistent in continuously buying despite the dumps and pumps along the journey.
Today's ATH will surely be dip sometime in the future and this is the more reason why you should buy periodically from your discretionary funds or when you get your lump sum.