Volatility on BTC is inching upwards and I see some opportunities on Polymarket. it's unlikely that BTC will go to 50k or below this month. We have already seen a ~20% drawdown in June in the first 5 days and I expect 58k to hold. I bought some 52.5k, 50k and 47.5k NO on BTC and my strategy is to buy BTC at these levels if my Poly NO positions hit. 52.5k represents a 60% drawdown for BTC from ATH and previous bear bottoms have been between 75 and 80%, pretty much showing that the bottom is nearing in. The returns look reasonable to me especially on 52.5k from a RR perspective. NFA.
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