Bitcoin may find its dip only after another apx 25% drop. Here is the plan to buy (if so)

buyTheDip Plan on Bitcoin (via Bitcoin Futures)

Long Position Plan

This plan outlines a three-layered buy strategy for Bitcoin futures, ensuring proper risk management and a high reward-to-risk ratio.

Position Size and Risk-Reward Analysis

• Weighted Average Entry Price: $60,514.17
• Total Position Size: 6 units
• Stop Loss Level: $58,699 (-3.00%)
• Take Profit Level: $89,561 (+48.00%)
• Reward-to-Risk Ratio: 16:1

Profit & Loss Calculations

Patience with this buyTheDip Trade idea on Bitcoin

1. Strategic Entry with Scaling – The layered buy-in approach ensures lower risk exposure while maximizing potential gains.
2. No Stop on Initial Buys – The first two buys allow flexibility in market fluctuations.
3. Stop Loss at $58,699 – A strict risk control level ensuring a manageable downside.
4. High Reward Potential – A 16:1 reward-to-risk ratio, meaning a small risk for a significant potential profit.
5. Take Profit at $89,561 – If Bitcoin rallies, this would result in a massive +48% gain.

This buyTheDip plan ensures optimal entry levels, risk control, and high reward potential, making it a well-calculated long strategy on Bitcoin futures. 🚀

For those seeking to short Bitcoin till that possible dip area… The question is from where to enter. If BTC futures retraces up to 85500-86000, that could be an relevant zone to look at for a short entry, if you’re seeking a short. Trade Bitcoin at your own risk.

This article was written by Itai Levitan at www.forexlive.com.