For the last 4 years, every January saw a price decline with a similar pattern.
According to the Bitcoin Price Index, BTC’s market value fell 32%, 14.6%, 0.1% and 26% respectively in the first month of 2015, 2016, 2017 and 2018.
Now in mid-January 2019, this losing streak continues. Notably, it is the third time the BTC price has plunged this month and has stabilized around $3,500. It’s still struggling to break over the $4,000 level, and the market is not so confident about its recovery.
The bitcoin futures market is gaining popularity from investors, however, because it gives them the chance to make profit that is less dependent on the current price fluctuations of bitcoin.
BTC Futures Trading Strategies When Dropping from $3600 to $3400 in Bexplus
Bexplus is a world-leading Bitcoin exchange, offering BTC, ETH and LTC futures perpetual contracts with 100x leverage. Headquartered in Hong Kong, it has established offices in United States, Brazil, India and etc with more than 100,000 users.
Bexplus provides a 100x leverage perpetual contract - which means you can enter or exit a trade anytime you want. With 100x leverage added, you can use 1 BTC to open a position of 100 BTC by going long (price up) or going short (price down). Customers can set stop-profit and stop-loss points to maximize their profit, and control the risks.
- The ① position at a price of $3,506 is where you can open a long position based on your prediction. When the BTC price climbs up to the ② position - at a price of $3577, you can close the order. You can make a 200% profit with a 2% BTC rise. (You might also lose your position if the price drops 2%).
- Suppose that you short BTC at the ③ point at a price of$3,603, and execute a short order. If BTC drops to the ④ position at a price of $3,534 you can also make 200% profit. (You might also lose your position if the price rises 2%).
- With 100x leverage added, either 1% rising or falling can bring you a 100% profit. BTC futures contracts is a two-way arbitrage.
Note: If you are not familiar with BTC futures trading , you can try it in the trading simulator in advance.
Deposit Activity to Earn 50% BTC Free Bonus
To deposit BTC in the Bexplus account, you can earn a 50% BTC bonus, which can also be used to trade futures contracts and withdrawn. The more the deposit, the more bonus you will get!
Vist https://www.bexplus.com/en/cash_back for more info.
Invite Friends to Join and Earn 30% Commission
Invite friends to register and trade in Bexplus, and you can get 30% of the transaction fees of your invitees as commission. Both you and your invitees can enjoy 10% OFF the service charge.
Visit https://www.bexplus.com/en/account/activity_show for more.
If you lost a lot from the BTC spot trade in 2018, it’s a chance for you to earn back by trading BTC futures contracts. Using 100x leverage makes it possible to make sizeable profits compared to your initial capital, with low market volatility. (You can also lose substantially). Join Bexplus now and earn BTC the right way.
Register with invitation code PCDfB to enjoy 10% OFF charge fee.
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