Digital Wealth

Let’s talk about .

Well, yesterday we saw Bitcoin test $49k just after the ETFs went live for trading, but the situation on the 4 hour chart is unchanged. We are still trading within the range highlighted by the orange box which has been respected on every 4 hour candle close.

The recent price action has seen the value area change, and the DM VAH is now sitting at $46k. We can see on the recent 4 hour candles that we have accepted back inside this now and it is looking like a level of resistance. Now looking to close back above this on the 4 hour chart. ( First photo)
But, daily EMA 25 has been acting as a big support all this rally, hopefully it holds this time as well but rn looking a bit crowded here so manage risk & don't try to catch falling knife. Atleast manage risk in such a way that even if it tests major EMA 100 which is around 38.5-39k$ then u would be safe & have some capital to deploy. Also not to forget we have CME gap at 39k$. (Second photo).
The question, is it time to buy ?
I am not a financial advisor, but you should have been already decided to buy or not after reading the above post.