3 Ways to Trade Bitcoin’s Big Comeback While Hedging Against a Permanent Crypto Winter

Group 1 - The recent decline in Bitcoin presents potential reward/risk tradeoffs for investors, particularly during market events like "buy the dip" rallies [1][2] - A significant selloff in assets like stocks or ETFs can lead to larger percentage gains needed to recover previous highs, making the current market conditions intriguing for Bitcoin [2][3] - The use of option collars can provide a strategy for investors looking to capitalize on a potential Bitcoin recovery while managing risk [3][4] Group 2 - The iShares Bitcoin Trust ETF (IBIT) is highlighted as the largest spot Bitcoin ETF, with over $73 billion in assets, despite experiencing a nearly one-third decline in value recently [4] - The Volatility 2X Bitcoin Strategy ETF (BITX) is a leveraged ETF that tracks Bitcoin's price, moving approximately two times as much as Bitcoin daily, which poses risks during rapid declines [5] - MicroStrategy, referred to as a Bitcoin-buying machine, has seen its stock decline significantly, indicating the challenges faced by companies heavily invested in Bitcoin [6]