I don't know much about technical analysis but I know that there is a cycle to this business, when it is cheap, you should buy more and save and in such times of rise, you should be patient and smart. When the price of Bitcoin dropped to 76k, everyone was making calculations to buy it if it would drop a little more.

I think it will not return to the price of 76k for a long time, maybe it will come in the next bear season. Right now, it feels like a new beginning, Bitcoin will continue to rise in the long term with corrections.

Dca can reduce risk a lot.

Also ends a lot of decisions which is big.

Those who accumulated even at the $80,000 level were doing it perfectly right. There were those who waited for a much lower price, perhaps $70,000 or below. They all missed the bus. That's the price for trying to find the lowest point before buying. In reality, it's very difficult to buy at the bottom. You can't easily time the market like that. You'd end up not buying at all.

And then they refused to buy at $80,000 believing it would still go down. The same when Bitcoin hit $90,000, and then when it hit $100,000, and then at $105,000, and so on. And they won't buy at an ATH either, because it's an ATH. The price then rose to $110,000 and then above $111,000. They're still keeping their money for a big swing. Well, we're on the road to $120,000.

Most people regret that the price has gone up, but they also regret that they didn't buy when the price was lower. For those who have free money I think the most appropriate accumulation of Bitcoin amount in the current position is DCA. This means buying gradually at a certain price. Of course there are techniques that must be understood and patience to run this model. But for me at this time I am trying to accumulate the amount of Bitcoin by trading. So I only trade to increase the amount of Bitcoin, in my lifetime I only bought Bitcoin once in 2015.

Nobody says we are done yet, and to stop such a rally, we would need more fudsters and big events shifting the sentiment

We need to be ready for it eventually, but not currently for sure.

You buy at the price you deserve is the most profound statement of all time in the bitcoin community. I love it because in as much as it sounds like a mocking statement, it actually for me sounds positive and encouraging. Slow down, don't rush. You don't need to jump in if you haven't understood it yet or are not convinced. And for those, the naysayers who have had numerous opportunities to invest when the price was much lower, the statement gives a kind of like, "I told you so" vibes.  Whichever group you are, you will certainly buy at the price you deserve.