BTC Dip Long 1000x

Thesis

Buys one 1000x BTC long on Papertrade when BTC dips to your price and sells it when BTC climbs to your target.

Strategy

• Entry on the dip: Every minute it checks BTC; at or below 80,500 USD it opens one long with 20 USDC margin at 1000x, once only. • Take profit: Once BTC is at or above 82,000 USD it closes that long and stops trading.

Exposure

• Holds: One BTC long, 1000x — 20 USDC margin controlling about 20,000 USD of BTC until it is closed or wiped out. • Venue: Papertrade — Positions and the USDC they return stay in your Papertrade account. • Leverage: 1000x — A drop of about 0.05% from the entry wipes out the margin. • Costs: Papertrade win fee — A winning close pays Papertrade's fee on the profit. • Data: Circuit — BTC price from Circuit's Hyperliquid prices. • On unwind: USDC on Papertrade — The margin plus or minus profit returns as USDC.