The Best Trading Opportunity of Q3

I believe this week has the potential to become the best trading opportunity of the entire quarter.

A lot happened in crypto over the weekend, but perhaps nothing bigger than the ColdCard wallet hack, which has already compromised roughly $88 million worth of Bitcoin. On top of that, MicroStrategy announced it has authorized the sale of $5 billion dollars worth of additional Bitcoin, while the market remains fixated on the CLARITY Act as Congress heads toward recess.

Individually, each of these developments matter but together, they are arriving at exactly the right moment.

Bitcoin just completed one of its lowest-volume trading weeks since 2019. Implied volatility has collapsed toward historic lows and activity across the market has dried up.

“Implied volatility for BTC nearing its lowest levels on record, with front end nearing 30%, which for context is roughly 1/3rd of ‘hot’ assets like Kospi. Meanwhile trading volume at multi year lows. Bear market apathy things.”
@WClemente

Whenever you see low volume, low volatility, and major catalysts lining up at the same time, it means one thing:

A large move is coming.

Most investors can recognize that much.

What they can’t tell you is when the move is likely to happen or which direction it is likely to resolve.

That’s where our work becomes valuable.