Portfolio rebalancing?

Most of us here DCA (or, as in my case, try to). Many plan on taking profits by DCAing out during the bull, when their target price is finally met. There is plenty of in-depth backtesting of vanilla and weighed DCA strategies in this subreddit. However, I hardly ever hear people talk about rebalancing and never read a post analyzing such strategy.

For those who don't know, rebalancing practically means starting with a portfolio where each asset has a fixed allocation, say 50% BTC and 50% USD (in USD equivalent) and revise it periodically, selling part of the assets that are in excess to buy the other ones (nothing prevents, clearly, from DCAing into the assets, so rebalancing shouldn't be considered an alternative strategy, but rather a complementary one). In case of a portfolio consisting of a crypto and a fiat currency or a stable coin, this essentially means taking profits if the price of the crypto has gone up in the meantime, and buying more if the price has gone down. Of course, when doing this, one must be aware of the fact that each rebalancing might involve one or multiple taxable event, as well as be subject to fees (but that's the same as DCAing out).

Time for some questions now... Have you ever tried this in any form? If so, what is your experience? Has anyone performed any backtesting of this strategy?

Personally, I have tried a few times, but I have never been that consistent with it (even less than with my DCA).