strong buy
Bitcoin Leverage Strategy Signals a Potential Uptrend
This leverage is less than 1x, such traders are waiting in the long queue. Usually, I start counter-trend shorts with 3-4x leverage, with enough funds to triple the position. When Bitcoin rises by 5%, the leverage, considering averaging, can reach 10-15x. If the move of 15% is endured, there is a chance for a pullback and a break-even exit. But this only works if the consolidation is wide. Currently, it seems to me that the flat is over, and an upward trend is developing.
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AI Analysis
The opinion discusses the use of leverage in trading Bitcoin, emphasizing a cautious approach with less than 1x leverage in the current market scenario. Historically, the trader prefers to initiate co...
AI Recommendation
Given the current context, traders should consider reducing their leverage ratios and focus on confirming the breakout of the flat phase before committing significant capital. Watching for technical s...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.