The 4 Hourly Bitcoin chart shows us that after putting a Lower-High the price action came down below the EMA(50) and printed a second Lower-High. Now the price action is even below the "Value Area Low" This is a clear indication that the Bears are in control of the price action.
Below are the VRVP values for Bitcoin on the 4 Hourly. Point of Control:21,398 Value Area High:24,696 Value Area Low:20,047