Market Data Highlights
Bitcoins opens at $49K. It hits lowest at $48K and highest at $50K and stable around $48K ~ $49K. The average transaction fee is $2.51 which is a 10.57% increase from 10-04-21. Fear and Greed level is at 59.
Ethereum opens at $3.4K. It hits lowest at $3.3K and highest at $3.4K and stable around $3.4K. The average transaction fee is $31.58 which is a 54.99% increase from 10-04-21. Fear and Greed level is at 31.
Here are some highlights to support my analysis:
Bitcoin Value = $40k ~ $48k and my position is Long.
Ethereum Value = $2.7k ~ $3.5k and my position is Long.
Current News Summary:
Today’s sentimental news and comments:
Bullish News 📈
Shiba Inu becomes the most traded cryptocurrency on Coinbase.
6 billionaires join Forbes 400 because of their crypto investments.
El Salvador incentivizes the use of Bitcoin by subsidizing fuel costs.
Ethereum announces up to $50,000 bounty for bugs found in the network before the Altair upgrade.
Nicklaus Children Hospital nonprofit accepts Bitcoin donations.
Bearish News 📉
Link Global Technologies, a Bitcoin mining company is facing major potential penalties for operating unauthorized power plants in the province of Alberta.
Future Trend 🚀
Ethereum 2.0 upgrade Altair issued the first-ever date confirmed by the Ethereum foundation. Altair will be active on Oct.27 2021.
U.S. Bank has launched a crypto custody service. The bank just cannot wait to dip its toes into crypto.
Fed Reserve adopts ISO 20022 format for payments that Ripple is compliant with. The Fed starts moving into CBDC.
Polygon surpasses Ethereum with a more active user address.
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Thanks for reading and see you tomorrow!
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You can reference my previous monthly Bitcoin and Ethereum analysis here ⬇️⬇️:
Note:some links refer at the beginning of next month that include all previous month links of reports
💪💪 January 2021 Technical Analysis Summary 🚀🚀
💪💪 February 2021 Technical Analysis Summary 🚀🚀
💪💪 March 2021 Technical Analysis Summary 🚀🚀
💪💪 April 2021 Technical Analysis Summary 🚀🚀
💪💪 May 2021 Technical Analysis Summary 🚀🚀
💪💪 June 2021 Technical Analysis Summary 🚀🚀
💪💪 July 2021 Technical Analysis Summary 🚀🚀
💪💪 August 2021 Technical Analysis Summary 🚀🚀
💪💪 September 2021 Technical Analysis Summary 🚀🚀
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You can reference my previous daily Bitcoin & Ethereum analysis here ⬇️⬇️:
Bitcoin & Ethereum Valuation and Opinion 09-25-21📉
Bitcoin & Ethereum Valuation and Opinion 09-26-21📉
Bitcoin & Ethereum Valuation and Opinion 09-27-21📉
Bitcoin & Ethereum Valuation and Opinion 09-28-21📉
Bitcoin & Ethereum Valuation and Opinion 09-29-21📉
Bitcoin & Ethereum Valuation and Opinion 09-30-21📉
Bitcoin & Ethereum Valuation and Opinion 10-01-21📈
Bitcoin & Ethereum Valuation and Opinion 10-02-21📈
Bitcoin & Ethereum Valuation and Opinion 10-03-21📈
Bitcoin & Ethereum Valuation and Opinion 10-04-21📈
You can reference my Bitcoin methodology here and here.
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You can reference my previous daily Dogecoin analysis here ⬇️⬇️:
Doge Analysis 12-28-21📈
Doge Analysis 01-01-21📈
Doge Analysis 01-02-21📈
Doge Analysis 01-11-21📉
Doge Analysis 01-28-21📈
Doge Analysis 02-04-21📈
Doge Analysis 02-07-21📈
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Disclosure: The article was written by a delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters. You should not believe any words this author wrote or you may experience similar symptoms or even possibly become a nut job.
