# Bitcoin dips below K but one trader is eyeing ‘solid risk/reward’ for longing BTC now

# Bitcoin dips below $47K but one trader is eyeing ‘solid risk/reward’ for longing BTC now

“# Bitcoin dips below $47K but one trader is eyeing ‘solid risk/reward’ for longing BTC now ” Bitcoin (BTC) added to its losses on Dec. 29 with a fresh tumble briefly taking BTC/USD below $46,600. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI flashes “oversold” Data from Cointelegraph Markets Pro and TradingView showed the pair…

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# Bitcoin dominance falls under 40%

# Bitcoin dominance falls under 40%

“# Bitcoin dominance falls under 40% ” Bitcoin’s market dominance has continued to fall, bottoming out below 40% this week. That’s very close to the all-time low of 36.7% in Jan 2018 according to data from Tradingview. Bitcoin (BTC) market dominance refers to the ratio between BTC’s market cap and the total crypto market cap….

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