Is there a corner of crypto twitter where no one writes macro related threads? If so, point me that way.

In 15 years I have never seen retail all so focused on one single detail, and absolutely whiff on what that means about their positioning.

-BTC trades like a risk asset, yes it is correlated to equities and overall liquidity but that hasn't stopped it from ridiculously outperforming.

-The fed can raise rates, but not enough to bring down inflation. If they did, they break the market. This is structural.
-With rates raised, and inflation not taming, the market is going to look again for an inflation hedge.

-If the Fed is too aggressive, the markets tank, and dems are fucked, so the printer starts again.
-So when it's risk on mode, Bitcoin is the best buy off the lows.

-When inflation persists higher in the face of higher rates, Bitcoin is a buy.

Bitcoin is a chameleon. It might take some time to adjust, but it does to suite the environment that keeps it alive.
See how I did that?


*Mine is the last though*

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More from @CanteringClark

9 Dec 21
1/n- Let me give you new folks here a hint.

This market is largely retail driven once you get outside of the top pairs. Let 's say, outside of the top 100 by market cap.

That means exposure is everything.

These alts are extremely reflexive.

The bigger the account on twitter (excluding anything inorganic with fake followers) the bigger the reach.

Bigger account = More eyes = More button mashers.

Some idiots will say it doesn't matter, which is why they are idiots to begin with.

If a large account tweets about an altcoin out of the top 100, and it doesn't move, it is heavy as f*ck.

Forget market cap, because you might think if something is 200-500 mil it should be less inclined to by that point.

Read 4 tweets
7 Jun 20
It's a wrap.

Dump BTC.

Super tight day by 1 standard deviation below the norm in terms of rotation size.

Way below average for the Vol&TPO VA range.

Compression and a ton of absorption here on CVD.

One of the things I always act on, can't remember the last time it was wrong.

Aggression up, price down.

BTC to what price though?
The risk here though is that OI is not really jumping off the chart with this aggression.

Normally you want to see that aggression is from new business, not old.

i.e. Aggression from longs opening and not short covering.

One makes a case for traders offsides, the other doesnt.
Read 4 tweets

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