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.
Many folks have much expectation from Bitcoin, forgetting that fluctuation is inevitable. The last time Bitcoin made a move like this it went down to $103,000 and came back to $115k and later broke a new ATH. A month ago, the current price was an ATH, and its obvious we will soon break a new ATH before the year runs out.
Every time is always a good time to buy Bitcoin. This year alone should have changed the doubtful and ignorant minds to not joke with Bitcoin investment. It is what it is man.
You are correct, and I can tell you that this is one of the reasons why some individuals do not have Bitcoin today. One thing an investor should remember about investing in Bitcoin is that every time is good to buy Bitcoin; don't expect the price to drop to use the opportunity to buy Bitcoin; when the price drops $103,000, some people think the price will drop more than that, and the price has risen back to 115k; some people still believe that the price will drop, If they do not have the funds to buy in large amounts, they are free to buy with any amount they have and keep for a long length of time, it is not required to buy in large amounts, at the absolute least, buy now rather than waiting a long time, as we do not know if the price will drop soon.