Bitcoin Monthly Candle Volatility and DCA Strategy

This week, the closing of the monthly candle suggests a likelihood of increased volatility, possibly due to large traders consolidating profits. A notable aspect is the Friday candle, which features a tall buy tail; such tails often see at least half of their size revisited, although this is not guaranteed in bullish conditions. The midpoint of this tail is approximately 116125. Additionally, a parallel channel pattern indicates a possible return to the middle level, corresponding with the Friday NY high. This movement is expected to trigger alerts within the week. Considering all these factors, a Dollar Cost Averaging (DCA) strategy for Bitcoin (BTC) is planned as follows, with careful position sizing based on a small leverage and risk management: - Level 1: 117777, allocating 12.58% of capital - Level 2: 117000, allocating 16.67% of capital, with an average cost of 117334 - Level 3: 116128, allocating 26.46% of capital, with an average cost of 116761 The total capital used if all levels are filled would be approximately 55.70%. The stop loss is set if two consecutive daily candles close below 114667. Should the trade become invalid, a new entry zone is proposed not higher than around 112500.