Blog Cryptohopper
Was Bitcoin’s Dip Below $40,000 The Ultimate Bear Trap?
Bitcoin's (BTC) price had a sudden break below the $40,000 significant psychological level, but the sell-off was short-lived, and the decline was quickly reversed. Investors are now asking whether the dip below the round number was the ultimate bear trap.
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Here is How Bitcoin Dominance Ratio Can Make You a Smarter Crypto Trader
Bitcoin's (BTC) price had a sudden break below the $40,000 significant psychological level, but the sell-off was short-lived, and the decline was quickly reversed. Investors are now asking whether the dip below the round numb…
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In simple terms, the Bitcoin dominance ratio measures the coin's market cap relative to the entire cryptocurrency market. Therefore, this ratio can be a handy tool to determine how strong Bitcoin (BTC) is, compared to the alt…