Derivative traders gather here let have a quik talk about the current bitcoin price drop, we saw that bitcoin price just touched $111000 before gradually recovering to 112000 to $113,000 per BTC.
So which leverage amount will you use for me i want to take a long position with $20 and a leverage of 20x, what about you?
I just did 10x with $300, not much but i'm planning to hold it till ATH, it's definitely risky so I put my SL somewhere.
I'm bullish about the fact that there's wide CME gap waiting to be filled and eventually BTC will reach $118k again but it's just my speculation. Honestly I haven't analyzed that much with this trade.
Just doing some long just in case.