My Bitcoin thesis is simple.

The only thing I can currently see making Bitcoin bottom sooner is the passage of the CLARITY Act.

If that does not happen, I think Bitcoin is likely to head lower.

I already have a Bitcoin long from $58,000, which filled at the exact bottom. I will keep this trade open regardless.

Even though I expect Bitcoin to move lower, I do not want to trade around this position completely.

I do not want to risk missing the bear market bottom if Bitcoin bottoms earlier than expected, possibly because of the CLARITY Act.

If Bitcoin does move lower, I have millions of dollars in orders waiting to be filled.

If those orders fill, I will build what will be, by far, the largest Bitcoin long position of my life.

I will also keep my current trade open.

You can pause the video to see all my exact entries. Everything is fully transparent.