Bitcoin Munger
@bitcoinmunger
Followers
34,740
Following
2,955
Media
3,130
Statuses
5,923
Cartoon character that likes #Bitcoin
Metaverse
Joined March 2016
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
#KAZZAWARDS2024
• 355580 Tweets
SAROCHA REBECCA IN KAZZ
• 292738 Tweets
スタンプ
• 151968 Tweets
NORAWIT WITH PAUL SMITH
• 68834 Tweets
Varane
• 30958 Tweets
インプレゾンビ
• 28041 Tweets
B1NI TOPS SPOTIFY
• 22061 Tweets
#うたコン
• 13154 Tweets
モグコレ
• 12443 Tweets
#MAZZEL
• 12390 Tweets
名誉毀損
• 11507 Tweets
風の行方
• 10330 Tweets
2 main observations from
#Bitcoin
orderbooks:
1. Sellers are moving sell liquidity to the $70k level. Even they know the current sell wall won't hold for long,
2. Many buyers are still sidelined hoping to buy in $30-40ks. They will all be forced to bid higher, giving us more…
127
370
3K
OTC desks are getting drained of their coins.
The voracious demand from ETFs is going to lead to an explosion in price pretty soon. There isn't much on exchanges for sale.
#bitcoin
133
592
3K
Continue to see signs that "this time is different"
Behaviorally this market has changed.
Coins were sent to exchanges in past runs, now on this run, coins are leaving exchanges.
Do with this info as you wish.
#bitcoin
131
502
3K
Shorts have grown fat and greedy.
Between these two zones, there are now $20+ billion in liquidations. This will be the most epic short squeeze in
#bitcoin
history.
All I have to say is tick tock!
107
358
2K
Sell walls across exchanges are thin AF.
Many on my feed are expecting a consolidation or even a 10-30% drawdown at $69k.
But it seems to me we are going to explode upwards instead. Tick tock!
#bitcoin
75
226
2K
#Bitcoin
cutting through the first liquidation zone like butter.
This is still just an appetizer to the $74k shorts.
Price will go absolutely vertical to new highs once those shorts are rekt. Tick tock!
@Unforgiven925
@Brian_Shuster
@coinank_com
Shorts have only grown. The $69k shorts are an appetizer to the $74k shorts.
#bitcoin
9
12
147
60
232
2K
Over $5 billion in shorts waiting to get destroyed. The fuel just keeps growing.
When king daddy
#bitcoin
reverses, it is going to reverse really hard and fast. Tick tock!
@bitcoinmunger
BTW, would love another of your posts on where the shorts are concentrated now.
2
0
6
80
245
2K
Shorts keep growing, but their days are numbered.
This is the fuel that sends us to $80k. All we need is to light the match. Tick tock!
#bitcoin
75
203
2K
Sellers look weaker by the day. Not seeing much lighting up on the sell side outside of the $95-100k range
Sidelined bidders at $45k and below have yet to capitulate, but when they do, it is going to be insanity.
All exchanges continue to have an imbalance towards the bid…
2 main observations from
#Bitcoin
orderbooks:
1. Sellers are moving sell liquidity to the $70k level. Even they know the current sell wall won't hold for long,
2. Many buyers are still sidelined hoping to buy in $30-40ks. They will all be forced to bid higher, giving us more…
127
370
3K
54
230
2K
Not only is
#Bitcoin
sucking up funds, but gold is hemerroging AUM at an alarming rate across many ETFs.
Bitcoin is going to drink Gold's milkshake and quite suddenly too.
Incredible to see not just one but 2
#bitcoin
ETFs with top flows in the last week.
You know what is not present in the top 20? Gold.
The disruption of gold by Bitcoin is going to come a lot faster than goldbugs think.
35
83
444
110
292
1K
2 main observations from
#Bitcoin
orderbooks:
1. Current area is the sellers/bears last stand. We will pump very hard after supply from $53-55k is absorbed (coinciding with a short squeeze).
2. There are a lot of sidelined buyers/bulls who have bids at 40ks and below. They will…
72
188
1K
Shorts have continued to increase throughout the week.
$65k+ is coming. Tick tock!
#bitcoin
50
99
1K
Outflows from exchanges have only intensified as price increased in February.
Supply shock is more likely by the day. Tick tock!
#bitcoin
26
159
1K
@BitcoinMagazine
In other words: "Criminals are using crypto instead of my bank. This is not fair!"
24
41
1K
The beatings will continue till all the shorts go broke.
Shorts starting to build up again at $73k. We will see more squeezes this week. Tick tock!
#bitcoin
45
113
1K
My fellow $MSTR longs. Good news, shorts have increased based on my sources.
"There was an increase in short activity this week after MicroStrategy announced a plan to issue another convert. There are 3.4 million shares of MicroStrategy out on loan and estimated short interest…
30
62
955
Woke up to the market makers choosing violence.
Tons of levered longs were just liquidated. Can we resume the bull market and go for the shorts now?
#bitcoin
54
133
1K
The beatings will continue until morale improves.
Shorts building to fuel the run to $70k. Tick tock!
#bitcoin
27
106
1K
Analysts on Twitter: "Hong Kong
#Bitcoin
ETFs are not really a big deal"
The data: "Asian crypto exchange volumes are orders of magnitude greater than those from the US (8x greater)"
A big pump is loading. Tick tock!
71
231
1K
Bears really seem to enjoy getting in front of the bulldozer.
Fuel has arrived to take us to new highs of the year ($65k+).
#bitcoin
34
106
1K
The breather overnight brought in more fuel to take us to $70,000.
Shorts at $69k are going to get rekt. Tick tock!
#bitcoin
48
102
1K
Another week of
#Bitcoin
ETF inflows ($777mm) vs
#Gold
ETF outflows (-$608mm).
The flippening marches forward. Tick tock.
Flows of
#Bitcoin
vs
#Gold
this week.
It's been an absolute slaughter. The flippening is just beginning.
Has anyone checked on
@PeterSchiff
?
27
59
256
40
197
1K
What if Blackrock needs Bitcoin more than Bitcoin needs Blackrock:
84
141
1K
We likely start the week off with a bang, courtesy of the short sellers looking to get squeezed at $70k.
New highs are incoming. Tick tock!
#bitcoin
23
115
1K
Coins have been moving from West to East.
Makes a strong case that the Hong Kong ETFs are going to be a far more bullish catalyst than the US ETFs.
#bitcoin
55
127
1K
Bitcoin ETFs did 10x the inflow of Gold ETFs yesterday.
Bitcoin +$514mm vs Gold +$52mm.
The flippening marches on. Tick tock!
#bitcoin
36
138
1K
I just presented investing in
#bitcoin
to my entire division (one of the largest funds in the world).
What have you done to advance hyperbitcoinization today?
97
63
1K
Levered longs wiped out and
@jimcramer
talking shit.
Run it back turbo and wipe out the shorts. Tick tock!
#bitcoin
40
77
1K
Higher lows and higher highs are all I observe here.
Shorts keep growing and will act as rocket fuel for new highs. Tick tock!
#bitcoin
27
109
1K
#Bitcoin
looks ready to attack the shorts.
It is only fitting to see the coin with the "immaculate conception" rise this weekend. Tick tock!
40
100
1K
Do you bullieve?
Bullish divergence on the 1-hour RSI, levered longs liquidated, funding reset, and
@saylor
about to buy $600mm.
Wise man once said
#Bitcoin
looks dumpiest before pumpiest. Tick tock!
I am still a bulliever in
#bitcoin
Oversold RSI on the 1-hour has coincided with buying opportunities. Is this time different?
30
32
455
40
105
1K
This dip is not going to last very long.
Every cohort continues to furiously buy this dip.
It's only a matter of time till we see $80k and beyond. Tick tock!
#bitcoin
Every cohort is furiously buying this dip.
It's only a matter of time till we teleport higher from here. Tick tock!
#bitcoin
17
92
922
25
115
1K
Levered longs are wiped out.
The only real liquidity remaining for market makers is on the short side. Might take some time but they will have their turn. Tick tock!
#bitcoin
55
109
998
#Bitcoin
miners have been the most aggressive sellers in 2024 and likely the main cause of sell pressure since the ETF launch.
The good news is that their wallet balances are approaching historical lows now. We should see this selling abating soon and see them accumulating…
89
157
1K
@BitcoinMagazine
Senator Warren I think we would all love to know how you have a $12 million+ net worth on a $200k a year salary (and academia before that). Care to elaborate how you achieved this through ethical means? 🤔
@SenWarren
46
71
1K
RIP Kerrisdale Capital
The most epic short squeeze of 2024 is loading. $MSTR
#bitcoin
GM. We're short $MSTR and long bitcoin. Report avail at . Crypto trades often get carried away and $MSTR is no exception. The BTC price implied in $MSTR shares is now over $177k, an unjustifiable 2.6x the spot price of BTC. (1/6)
963
209
1K
67
111
1K
We could have 1 more leg lower in the coming week, but the inevitable can only be delayed.
#Bitcoin
is going to break out of the pennant structure and destroy all shorts.
$80k+ is coming. Tick tock!
77
100
978
Darth Maul strikes again.
Both longs and shorts taken out. Can we resume back up now?
#bitcoin
54
61
997
FED looks benign, crypto sentiment bombed out, $5bn in short liquidation potential, funding reset, sell liquidity on exchanges are thin, etc etc.
Run it back turbo to new highs. Tick tock!
#bitcoin
22
83
991
Second tap didn't break through, while shorts have only grown larger (more fuel)
The third tap likely is going to be explosive to the upside. $75k is coming soon. Tick tock!
#bitcoin
Rejected on the first try, but we will go for another try soon to wipe the bears.
Short fuel will send us to $75k+. Tick tock!
#bitcoin
13
85
961
29
98
991
Tons of Longs liquidated already, maybe a bit more to go.
I think we resume Up Only and come for the shorts. Tick tock!
#bitcoin
44
98
975
#Bitcoin
On-Balance Volume suggests this dip today is a fake-out.
Higher prices are loading. Tick tock!
33
93
982
We had a false breakout, now likely seeing a false breakdown.
The pennant targets are still $82k and $95k
#bitcoin
. Tick tock!
47
112
990
Rejected on the first try, but we will go for another try soon to wipe the bears.
Short fuel will send us to $75k+. Tick tock!
#bitcoin
Nice reversal from where I pointed to earlier today.
Shorts increased even more since then (more fuel for new highs). Looks like we are coming for them now. Tick tock!
#bitcoin
24
61
792
13
85
961
It has only been 4 hours since the last update and the spot sell wall has thinned out considerably. Bears are exhausted AF.
$60k+ is going to be here in a flash. Tick tock.
#bitcoin
27
111
948
Every time we have broken previous all-time highs,
#bitcoin
goes up parabolically through every fib-extension and beyond in short order. Why is this time different?
The 4.236 extension is at $240,000 for reference. Tick tock!
24
122
935
We are on a moon mission.
So much short fuel still waiting to be ignited.
We could see $80k very quickly once these are liquidated. Tick tock!
#bitcoin
28
126
933
Darth Maul move just liquidated both Longs and Shorts.
Can the market makers kindly resume the bull run now?
#bitcoin
29
67
934
Another 4 hours later and bears have fully retreated.
Many bids on
@coinbase
were moved to the $65k level.
Bulls are in full control. Tick tock to $60k+.
#bitcoin
It has only been 4 hours since the last update and the spot sell wall has thinned out considerably. Bears are exhausted AF.
$60k+ is going to be here in a flash. Tick tock.
#bitcoin
27
111
948
25
112
933
Bitcoin ETFs are accumulating at all-time highs. Gold ETFs are distributing all-time highs.
- Bitcoin ETF inflow yesterday: +$455 million (+$2 billion for the week)
- Gold ETF outflow yesterday: -$277 million (-$281 million for the week)
The flippening marches on. Tick tock!…
44
165
925
If bulls can push this weekend, it would start April with a bang.
Shorts at $74k will help push us to $80k.
If not this weekend, then soon. Tick tock!
#bitcoin
28
98
922
I have already started buying the dip at these levels ($63k).
IF we get a flush to take out longs at $60k, I will aggressively add more.
#bitcoin
45
56
920
#Bitcoin
has been consolidating in a massive bull flag and funding is negative.
The next leg higher is going to be absolutely furious when it comes. Tick tock!
29
104
916
Another monster
#Bitcoin
ETF inflow day yesterday at almost $800 million.
Do you really think Larry Fink cares about your bearish "rising wedge" chart? He is going to invalidate it and rekt the shorts / sideliners. Tick tock!
32
80
856
Shorts have piled in.
All I observe is a retest of the pennant structure though.
The market will destroy them with haste. Tick tock!
#bitcoin
56
88
850
Lettuce hands keep selling at local bottoms.
They will FOMO back in at new highs. Tick tock!
#bitcoin
37
63
858
Made a lot of progress in less than 24 hours.
$69k shorts are going to get taken out. I believe this break out will lead to $70k+. Tick tock!
#bitcoin
Levered longs wiped out and
@jimcramer
talking shit.
Run it back turbo and wipe out the shorts. Tick tock!
#bitcoin
40
77
1K
29
65
852
$51k longs being wiped. $54k shorts are next.
Tick tock.
#bitcoin
We indeed tapped $53k today.
Could envision longs at $51k getting wiped before we explode to $54k and wipe out the remaining shorts.
Either way, shorts are not safe and will be wiped out in due time. Tick tock.
#bitcoin
10
42
454
28
84
858
Yesterday, was another day of massive inflows for
#Bitcoin
ETFs: +$563 million
And was another day of outflows for Gold ETFs: -$85 million
The flippening will be televised. Tick tock!
11
104
841
Levered bears got blown out today. Spot bears are next.
The sell wall across exchanges ($53-55k) is pretty small in comparison to what ETFs and whales like
@saylor
are accumulating on a daily basis.
$60k+ is on the horizon. Tick tock!
#bitcoin
2 main observations from
#Bitcoin
orderbooks:
1. Current area is the sellers/bears last stand. We will pump very hard after supply from $53-55k is absorbed (coinciding with a short squeeze).
2. There are a lot of sidelined buyers/bulls who have bids at 40ks and below. They will…
72
188
1K
23
83
855
This scenario would be very
#Bitcoin
like: A quick recovery, not giving sellers a chance to buy back cheaper.
$82k/$95k is still on the table. Tick tock!
51
78
855
We are above $70k
#bitcoin
and funding remains completely wiped out across the board in crypto.
The pain trade is higher as now the degens are offsides. Tick tock!
26
69
848
Another sign of a bottom being close.
Local top buyers panicking and selling at a loss.
#bitcoin
29
92
833
Looks like sell walls on both
@coinbase
and
@binance
are pretty light.
Would be a real shame if we ran it back past $70k in no time once again. Tick tock!
#bitcoin
34
80
831
Back to back monster
#Bitcoin
ETF flow days!
Yesterday, we saw $796mm and Monday was $717mm.
$70k+ will be here faster than you can say ETF. Tick tock!
23
91
827
Bitcoin 4-hour chart remains sexy AF.
@brian_armstrong
can shut off Coinbase all he wants, but this looks like it is still going to $77k and soon. Tick tock!
#bitcoin
23
81
821
Gold ETFs were demolished by
#Bitcoin
ETFs yesterday.
Bitcoin: Inflow of $578mm vs Gold: -$17mm outflow
The flippening marches on. Tick tock!
19
116
812
The chart is self-explanatory. Up is the direction of travel.
Still targeting $77,000
#bitcoin
. Tick tock!
38
91
794
$50k support continues to hold like a rock.
Market makers look like they now have their eye on $53k shorts.
Bitcoin bears are going to get wiped out this week. The road to $60k+ is on the horizon. Tick tock.
#bitcoin
Greedy market makers looking to wipe $50k longs.
Either way those $54k shorts are going to get wiped pretty soon. Tick tock.
#bitcoin
19
66
656
46
92
817
#Bitcoin
ETF inflows are back! Yesterday was $473 million.
The question you need to be thinking about is the first $13 billion of inflows took Bitcoin from $40k to $70k, what will the next $13 billion do?
I believe the answer is add $50-70k or more to the price. Tick tock!
33
93
813
Funding is green across the board.
Bodes well for another run at the highs. Tick tock!
#bitcoin
39
77
806
On Friday,
#Bitcoin
ETFs saw inflows of $277 million, while Gold ETFs saw outflows of -$172 million.
One continues to accumulate at all-time highs, while the other distributes at all-time highs.
The Flippening in real time. Tick tock!
30
112
804
This is looking better as the day progresses.
$MSTR already green on the day and over $1,700, inverse Head & Shoulders on the 1-hour, 1-hour MACD flipped bull, and RSI bullish divergence in play.
Something to think about. Last week
@saylor
bought at $68.4k, why is the market…
19
30
641
Nice reversal from where I pointed to earlier today.
Shorts increased even more since then (more fuel for new highs). Looks like we are coming for them now. Tick tock!
#bitcoin
Tons of Longs liquidated already, maybe a bit more to go.
I think we resume Up Only and come for the shorts. Tick tock!
#bitcoin
44
98
975
24
61
792
Despite a large $495 million outflow from
@Grayscale
,
#Bitcoin
ETFs saw another $602 million of net inflows yesterday.
What happens when $GBTC outflows subside? We go way higher. Tick tock!
21
70
799
BTIG: “We believe $MSTR serves as the best vehicle for investors to gain exposure to
#bitcoin
.”
Upside case of $2,700 ($90k bitcoin) vs downside at $700 ($48k bitcoin).
33
131
801
Just one word of caution in the short term.
Market makers may look to swipe liquidity at $55-58k again. IF they do, buy there with both hands.
Tough call to say we go there again given the strength of flows and large liquidations yesterday, but if we do go there, lots will say…
39
63
789
This dip could go a little further ($68k), never forget that market makers are greedy and come after both sides.
Once late longs are cleansed again, we likely go after the shorts at $72k. Tick tock!
#bitcoin
33
70
779
The fun part of the cycle is just beginning.
In all previous cycles, when all entities were in profit, it was preceded by a face-melting parabolic rise.
This time is not different. Tick tock!
#bitcoin
25
72
771
We could see a breather here given the magnitude of the recent run, but anyone shorting here is stepping in front of a bulldozer and is about to get run over.
Levered bears will provide the fuel to $60,000. Tick tock.
#bitcoin
32
62
767
The pain trade is higher.
There is over $135 billion sitting on the sidelines in stablecoins. To put this amount in context, we have only seen $10 billion in
#Bitcoin
ETF inflows this year.
Capitulation will take us much higher. Tick tock!
22
93
766
No meaningful sell wall till $75k
#bitcoin
on both
@coinbase
and
@binance
(good sign we test that liquidity).
Bidders at $62k and below from this last week still on the sidelines, would be a shame if they are forced to fomo back above $70k. Tick tock!
22
79
759