Bottoms form over time.

Is this the worst place to DCA bitcoin? Probably not. Dumped 53% in under 300 days, with max fear running across multiple themes.
Can you expect a sharp reversal from here? Probably not. What's your price target, what does your long term strategy with this asset look like, where do you generally exit?
We're still in a downtrend below resistance, with not many current catalysts for thesis building. Summer chop is usually slow and boring.
Whatever your trading or investment strategy is, be aware that tops are insanely hard to time, while a bottomed out accumulation range gives you plenty of time. Time to build positions around your research, your catalyst thesis, and your comfortable sizing.
Also, don't oversize too early. Money is made in a confirmed uptrend after leaving the bottomed out accumulation range, that's where it's usually best to deploy capital more aggressively.
If you're deploying capital into a downtrend, be aware it can go lower, or chop in a multi month sideways range.
So no rushed decisions. Be smarter than your TL.
Trade what's there while you're at it, attention, narrative dynamics. If you profit, protect that capital. Then deploy it into an uptrend, into the assets with the best momentum and attention, backed by a clean, obvious narrative.
No need to perfectly time the bottom. Curate your watchlist, stay up to date on current dynamics and narratives, and be ready to trade more actively during high liquidity times, when it feels almost too easy to make money. Right now, timing and holding trades in crypto is genuinely hard. But sentiment will switch, and you'll be ready.
You can also scale into a confirmed downtrend break and ride the position into positive PnL, giving yourself a comfortable position going into a choppy period (SL somewhere below the break level). Multiple strategies are possible.
Repeat every cycle.