The best time to accumulate is when prices are low. Even though Bitcoin has had a huge rally this week the digital asset is still 75% down from its all-time high. Looking at previous accumulation periods may offer some insight into the current market situation.
Last time Bitcoin went through a major boom bust cycle was in 2014 and 2015 when it dropped by a similar amount and most of the mainstream media and naysayers wrote the asset off. BTC fell from $1,130 to around $200 and the chart pattern virtually mirrored what happened in 2018.