You can still buy dips without necessarily waiting, I believe DCA and dip buying can co-exist without stopping your regular buys. You can always share your DCA amount into 5 parts and maintain your consistency with 4 parts and continue saving the 1 party consistently until your desired dip surfaces and you lump sum on the dip with already accumulated funds for it and if the desired dip doesn't come by, you buy up with the saved funds or use it to increase your aggressiveness for a while.
This your illustration is entirely not a bad idea, but I think that if you have a reserve funds in place while buying regularly with your dca accumulating strategy, you can easily buy a huge chunk of Bitcoin during the dip with your reserve funds if you have it in place.
The only problem and where i tend to have problem with most Bitcoin investors is that they wait for it and stop their accumulation entirely, which i think will limit them in accumulating or reaching their Bitcoin over accumulation status early.
The very idea of an
Average as used when describing dollar cost average is that you are going to be at the DIP, at some peak and some relatively middle price range in the process of your accumulation. all combined together makes up your total dollar cost average because if for instance you are buying every week and you intend doing so for a period of five years, during that period, you are going to experience everything that comes with bitcoin and within that period, you are going to buy the DIP which is a better way of buying during the DIP rather than waiting for so long just because you want to buy the DIP.
A four year investment plan for instance, is a long period of time that allows you to buy your bitcoin using a combination of all the investment strategy. waiting for a comfortable DIP before buying is a waste of time and from how the price of bitcoin has remained relatively stagnant for a long period of time, it tells of how long you might likely continue waiting for a DIP that might instead of coming result to an increase in the value of bitcoin which will only mean that you have to wait for a longer period of time.