Bitcoin’s 125% surge in 2024 proves its long-term potential, but its 20%+ dips are where wealth is built. My red-candle strategy for iShares Bitcoin Trust (IBIT) simplifies investing for U.S. investors, buying dips when Bitcoin’s 1-day chart closes red and holding for over a year to chase targets like $94,000, as TradingView users predict. If red days are missed, I reallocate funds based on days left in the month, with weekly and monthly checks. Paired with chartexpertise.com Lot Size Calculator, this plan maximizes returns.
Step 1: Set Your Monthly Budget
Pick a monthly investment for IBIT, like $3,000, ideal for steady growth. Divide by 30 days: $3,000 ÷ 30 = $100 daily allocation. This spreads buys, avoiding high prices. Use our Lot Size Calculator to keep IBIT at 5–10% of your portfolio. For a $20,000 portfolio, $100 buys ~2 IBIT shares at $50, ensuring balance for a year-plus horizon. The calculator helps size positions, keeping your investments disciplined.
Step 2: Invest on Red Daily Candle Closes
Each day, after Bitcoin’s 1-day candlestick chart (BTCUSD on TradingView or BITSTAMP:BTCUSD) closes (~4:00 PM ET, Nasdaq-aligned), check if the closing price is lower than the previous day’s. If red, invest $100 in IBIT via a limit order on a broker like Fidelity, e.g., $49.60 if IBIT is $49.50. Recent data (April 15–24, 2025) shows 4 red daily closes (e.g., April 17, 21), perfect for buys. These dips, followed by IBIT’s rise from $49.72 to $53.20 by April 23, highlight the strategy’s potential.
Step 3: Reallocate for Remaining Days
If a day’s candle isn’t red, hold the $100. On the next red day, divide uninvested funds by the remaining days in the month. For example, start with $3,000. After 5 days, 2 are red (invest $200), leaving $2,800. On day 10, a red candle closes; with 20 days left, divide $2,800 by 20 = $140, and invest $140 in IBIT. Continue investing $140 on each red day until the week’s end, adjusting as days decrease. This dynamic approach ensures you capture dips efficiently.
Step 4: Check Weekly and Monthly Red Candles
If a week has no red daily closes, check Bitcoin’s weekly candle on TradingView. If red (weekly close lower than prior week), divide remaining funds by days left in the month and invest that amount in IBIT on the next week’s first day. For example, if Week 2 has no red days ($700 held), and the weekly candle is red, with 14 days left, invest $700 ÷ 14 = $50 daily for red days. If no red weeks, check the monthly candle. If red, invest all remaining funds on the next month’s first day; if green, roll to the next month. This tiered system lowers your cost basis.
Step 5: Stay Patient and Diversified
My strategy, crafted at chartexpertise.com, buys dips dynamically, riding Bitcoin’s uptrend. Start now, size your trades with our Lot Size Calculator, and join our community to share your success!