Caracal

On-chain, Wyckoff & Orderbook Analysis for Crypto Markets. #Bitcoin

[Caracal @CaracalTrading]

@stablekwon @ShortOnUSD Are you aware that you sent 40 billion asset to zero? You are lucky not being in jail. How could you speak about anything lol

[Caracal @CaracalTrading]

@stablekwon This guy is another level when it comes to being shameless.

[Caracal @CaracalTrading]

@LukePatten93 @stablekwon You'll sleep till the heat death of the universe.

[Caracal @CaracalTrading]

Everybody being so sure we are going into another dip is weird. Almost all traders I respect and follow are in a consensus that we are about to see a bloodshed. It is not always that obvious imho. It shouldn't be so obvious. Right? :)

[Caracal @CaracalTrading]

OMG!

https://t.co/rz3wla0Cv1

[Galois Kevin @Galois_Capital]

10/ If and when this goes south, enormous amounts of paper wealth will get wiped out, some people will literally kill themselves, and regulators will come down so hard that the landscape won't even be recognizable anymore, stifling innovation for years to come.

[Caracal @CaracalTrading]

We need to remember the legend in this time of need.
https://t.co/ccMOliOK7E

[Caracal @CaracalTrading]

@Mtrl_Scientist Okay dude, you made your point. Make the market go up now. Thx.

[Caracal @CaracalTrading]

@amin199998 @stablekwon I'd rather feel sorry for people who invested their hard earned money than a billionare who made their billions creating a little value and f*cking their investors.

[Caracal @CaracalTrading]

#LUNA is another example for not trying to catch a falling knife.

[Caracal @CaracalTrading]

These OKEX bids were waiting there since 21 July 2021! Smart money is so patient. Most of us ape and don't have enough patience to wait for the perfect opportunities. This market is humbling. #Bitcoin

[Caracal @CaracalTrading]

I can tell that at least for crypto markets. Bids were there waiting for months and sell pressure came out of nowhere after yesterday's pump. If that is not a Wyckoff spring, I don't know what that is.

[Jason Goepfert @jasongoepfert]

There have been 2 days in the past 25 years when S&P 500 futures were down 3% and 10-year Treasury futures down 1%:

👉 October 9, 2008
👉 March 18, 2020

Someone is blowing up, and this is forced liquidation.

[Caracal @CaracalTrading]

@glassnode This is how wealth changes hands. All long liquidations fill out the longs of the whales. So, stop leverage trading anon.

[Caracal @CaracalTrading]

Bitfinex seems to absorbing all the sells. #Bitcoin

[Caracal @CaracalTrading]

@TheRealPlanC @bookmap_pro If you are focusing scalping in 5 min TF, it may be good, but I got too little benefit because of the crypto's nature, moving so fast and pump & dumps in a very short period of times. All the coloring and the design made my head ache. I use Tradinglite for orderbook levels.

[Caracal @CaracalTrading]

@CrossChainAlex @bitcoinjack I can't imagine how awesome it is for Real fans

[Caracal @CaracalTrading]

@KatsumotoGaming @RealCoreyWilton They just sold the horses they minted for free from 2k to the ground. They literally rugpulled their player base and still talk about long term vision like they are building a vaccine or something. Shamelessly they keep blaming investors after losing 99.5% of value.

[Caracal @CaracalTrading]

Looks like a shake off. I'm hodlin' #Bitcoin

[Caracal @CaracalTrading]

I was right haha! #Bitcoin

[Caracal @CaracalTrading]

I'm not a big fan of analogues but these two look interestingly very similar for #Bitcoin. Both came after high voluma capitulation and similar lenghth consolidation. The next days will be probably choppy but I think we're at the beginning of next mark up.

[Caracal @CaracalTrading]

I am thinking we need to close the gap from the price jump happened 5 days ago. When there is thin liquditiy and wild price movement in a short period of time, we tend to test start point. This around $44k for #Bitcoin. Even if it goes deeper, I don't think it'll stay there long.