Analyst Killa went long on Bitcoin at $62,600 with 2x leverage and deployed 10x leverage long positions in batches in a sub-account.

According to Odaily Planet Daily, analyst Killa posted on the X platform that he is fully invested in spot trading and has started holding a 2x leveraged long position in Bitcoin at $62,600, while simultaneously deploying a 10x leveraged long position strategy in a sub-account. Bitcoin has already retraced 54%, and he mathematically calculates that the maximum retracement could be 65% to 68%. The strategy involves three sets of 10x leveraged long positions with entry prices of $62,600, $57,100, and $51,600, respectively, and corresponding liquidation prices of $57,100, $51,600, and $46,100, with each set using a $10,000 margin. If Bitcoin reaches $126,000, the three sets of long positions are expected to profit $101,300, $120,700, and $144,200 respectively. Killa stated that he actually splits the strategy into 4 to 5 entries; if the first two sets of long positions are liquidated, the profit from the last set can cover any related losses.