Top crypto tweets of the day – September 2nd

$BTC #BITCOIN – (D)

The trendline from June shows again how important it is.

– $BTC is also approaching a bullish cross (MACD). pic.twitter.com/qHCjeDIN9m

— ???????ⓗ? (@el_crypto_prof) September 2, 2022

Over 55% of all #Ethereum nodes are now ready for the Merge pic.twitter.com/Lj5d0pbaBu

— Crypto-Gucci.eth ᵍᵐ (@CryptoGucci) September 2, 2022

A global monetary network that requires only 406 GB memory space, transferred over $100 trillion in total value for an average transaction fee of $0.3 and all this P2P, without a single intermediary. #Bitcoin is fucking amazing.

— Carl ₿ MENGER (@CarlBMenger) September 1, 2022

$ETH

Ethereum backtesting the daily 50 MA… again. Above that blue line gets the party started. Below, nothing to celebrate. pic.twitter.com/G11BjDUky3

— The Wolf Of All Streets (@scottmelker) September 2, 2022

L2s are the next big narrative to watch out for.

Optimism and Arbitrum are already huge. They're outperforming their alt-L1 counterparts.

L2s benefit from low fees while benefiting from ETH's security.

Vitalik always talks about how L2s are the future, and I have to agree.

— Pothu (@cryptoPothu) September 2, 2022

$DXY

Until the dollar weaken, it’s a poor probability for longing any risk on assets like #BTC pic.twitter.com/IjBA1Q1xQV

— John Wick (@ZeroHedge_) September 2, 2022

#Bitcoin yearly trend:

2011: Up
2012: Up
2013: Up
2014: Down
2015: Up
2016: Up
2017: Up
2018: Down
2019: Up
2020: Up
2021: Up
2022: Down
2023: ___________

Do you see the pattern?

— OKX (@okx) September 2, 2022

#Altcoin cycle is ongoing. We will have different times soon, are you ready for that? pic.twitter.com/tIfBRa8VMp

— Stockmoney Lizards (@StockmoneyL) September 2, 2022

#LUNA and #LUNC basically crashed the entire crypto market, and still, people are investing millions and trending on Twitter.

Daily volume today is around 2B!!!

What is wrong with you guys?

IT'S GONE FOREVER! pic.twitter.com/t3rfIUdrMN

— Forever HODL ₿ (@granitacademy) September 2, 2022