For those who aren’t positioned yet:

If you’re waiting for Q4, this is the plan and expectations.

Any sweep below the 57K wick low, if we get one, should be bought up very aggressively and almost instantly.

I don’t expect us to spend much time trading around these levels. In a low liquidity environment, whales are likely to use other people’s liquidations as an opportunity to accumulate large positions while most participants are dead.

So, if we do get a sweep below 57K during Q4, I believe there’s a high probability that it becomes the bottoming wick.

Key word: IF.

By now, it should be pretty obvious that I expect $BTC to be above 80K in Q1 next year. With BTC currently around 62.8K, that presents a significant move to capture, especially with leverage.

We still have a couple of weeks before Q4 approaches, so for those who aren’t currently exposed or positioned, my advice would be to start preparing accordingly and look to build exposure on any sweeps into these levels.

Personally, I don’t feel the need to clarify every post, but for transparency: I’m already in my long and spot position, with a 65.8K notional average.

As always, the 57K sweep is a conditional scenario, not a prediction that it must happen.