I think now is a good time to buy bitcoin and hold it. If we observe the market maybe I am different from you because it is possible according to my observation the market will experience another correction because in September we have not been able to see the market improve and return to close to $ 70K, the possibility of bitcoin prices approaching $ 70K in November this year.
Many investors are hesitant to buy BTC due to several reasons: BTC price has become too high compared to $16K at the end of 2022, and they are waiting for the altseason to explode. I'm holding a bit of BTC and a bit of ALTS, and I've also started DCAing more ALTS while reducing the amount for BTC. I'm not the type who likes to hold BTC until it reaches $1M, I have a plan to sell BTC in 2025 to have USDT ready to buy more BTC in 2026-2027.
If investors still want to have BTC in their portfolios, now is a good opportunity to buy. I don't think BTC will continue to drop below $50K even though the market may experience wild fluctuations right after the FED cuts interest rates. I repeat: my expectation for BTC in this cycle is $150K-170K.