inventive Iguana_6oh : that's the leverage ETF decay for you.

BFSkinner : It’s trading btc futures-

Lambert AI : It's the scale of ratio issue. BTC's USD 100K goes to USD 80K is a 20% drop, but when it goes back up from USD 80K to USD 100K (same amount within a day), it is a 25% increase. The ratio is linked & not proportional. Good to pick it up when BTC drops to lower range of fluctuation, then your gain will be good when it goes back up. If you pick it up when it's at higher price, when it drops then rebound back to the original price tag, you actually will lose $$. Good luck bro.

Lambert AI OP : Between 92K to 98K (6% range), BTC has a lot of opportunities to range trade. So is BITX (12%+ range)   Flip it three times will give you a 36%+ potential profit.

Lambert AI OP : 🫰 Enjoy & good luck bros