Maxwell

A fool is he who doesn't dare to ask questions | Students call me Max | Student of life, teacher of students | #Blockchain #NFT #Education #Web3 #BTC #Hodler

[Maxwell @Dhrmaxwell]

BTC update. The daily closing price of Bitcoin has consistently remained above $27,250, with ongoing support from (EMA) 100. For a potential test of the $28,500 region, it's crucial for the price to establish stability above this level.

[Maxwell @Dhrmaxwell]

The largest cryptocurrency by market value has experienced an 11% decline since June. Given the challenging macroeconomic conditions, the performance of BTC in Q4 2023 holds significant importance.

[Maxwell @Dhrmaxwell]

@thescalpingpro It will be interesting to see how Bitcoin's price action unfolds in the context of this support level.

[Maxwell @Dhrmaxwell]

@bitcoin__apex it will be interesting to see how Bitcoin's role in wealth preservation and financial planning further develops.

[Maxwell @Dhrmaxwell]

@DaanCrypto The stability in #Bitcoin's Spot Premium is an interesting observation.

[Maxwell @Dhrmaxwell]

@tonythebullBTC Here's to a potentially bullish outlook for Bitcoin, and I look forward to seeing the charts that provide more context!

[Maxwell @Dhrmaxwell]

@CryptoTony__ No one, no matter how experienced or skilled, can predict the market with 100% accuracy. Losses are a natural part of trading and investing.

[Maxwell @Dhrmaxwell]

@CryptoYoddha The crypto market is dynamic, and being adaptable to changing conditions is essential for success.

[Maxwell @Dhrmaxwell]

@Washigorira 🚀

[Maxwell @Dhrmaxwell]

@thescalpingpro Let's see how the months ahead unfold for Bitcoin!

[Maxwell @Dhrmaxwell]

🔹@SushiSwap expanded to @Aptos_Network and integrated @chainlink's CCIP.

🔹@paradigm announced a massive $1 billion crypto fund.

🔹#FT earnings surged to $1 million, surpassing Ethereum and Tron.

🔹Worrying news for @Coinexcom, which lost ~$31M in ETH, TRON, and Polygon chains

[Maxwell @Dhrmaxwell]

Highlights of the past week in the #crypto world:

🔹$BANANA had a bumpy launch with a contract error but later successfully relaunched.

🔹Big news as @LayerZero_Labs and @zilliqa joined forces with Google Cloud!

🔹@MakerDAO increased its RWA assets by a staggering $200M.

[Maxwell @Dhrmaxwell]

🔹Exciting news for @MetaMask users: the Snaps function has been launched.

🔹@ethereum's Holesky test network faced a rocky start with failures.

🔹@PrismaFi introduced a Points System, attracting $50M TVL in just ~2 hours.

[Gert van Lagen @GertvanLagen]

1/3 $BTC [1W] - Parabolic curve step-like formation:

"From✖️ at B3 the price could double in the shortest period of time"

EW-perspective:
+ W1: 1st impulse to B3
+ W2: 1st correction, running flat type
+ W3: 2nd impulse to B4
+ W4: 2nd correction, sharp
+ W5: 3rd impulse

[Maxwell @Dhrmaxwell]

The crypto industry had seen investment on the upswing until May, but it's been on a steady decline since then.

A challenging month indeed. Stay tuned for insights on market recovery and trends. 💯🙏

[Maxwell @Dhrmaxwell]

August marked the gloomiest month for #crypto since Bitcoin (BTC) tumbled to its lowest at $26,556 back in November 2022. 👀

[Maxwell @Dhrmaxwell]

Adding salt to the wound, venture capital (VC) investment flows plummeted by a staggering 42.7% in August compared to July, netting just $401.9 million across 77 deals.

[Maxwell @Dhrmaxwell]

Even Grayscale's legal victory provided only fleeting relief, with prices reverting to their month-start levels. This triggered one of the largest liquidation events in crypto, with over $1 billion in losses when prices plummeted to $26,000. 😬

[Maxwell @Dhrmaxwell]

Initially seen as a mere summer slump, the market took a sharp nosedive as liquidations cascaded across the derivatives market, wiping out 7.3% of BTC's and 6.9% of Ether's (ETH) value.

[Maxwell @Dhrmaxwell]

@rektcapital Here's to an exciting period in the crypto world as we approach the next halving event! 🚀