The bitcoin is in a rally this week as it surpassed the 40k$ mark. But its safe to stay calm and analyse the market well rather that being fomo and taking risky and stupid decitions. There is a resistance at 41k$ - 42k$ mark. There can also be a correction again and also there is a CME gap at 40k$ mark. So keep an eye on those key levels and points. Manage your risks and money always.
Having a good analysis of the market before jumping into it is very good because it helps to manage your investment well and to control your profit and loss level. Many people don’t have the knowledge or how to analyse the market but they always make the right decision when entering the market. Your speculation could also be wrong but if you’re convinced beyond reasonable doubt, you can take the action you wish to take into the market. At the long time, it may or may not be as predicted by anyone. Everything here is about taking risk but having a calculated risk before entering the market is the best thing to do.