Technical Analysis
Bitcoins opens at $42K. It hits lowest at $42K and highest at $44K and stable around $41K ~ $42K. The average transaction fee is $2.34 which is 5.65% decrease from 08-06-21. Fear and Greed level is at 50.
Here are some highlights to support my analysis:
Bitcoin Value = $33k ~ $40k and my position is Long.
Current News Summary:
Today’s sentimental news and comments:
Bullish News 📈
Elon Musk freaks out about upcoming crypto taxation as his Billion dollars crypto asset is a potential target.
Bearish News 📉
Binance.US CEO resignation may send a signal about to change the landscape of the crypto exchange platform.
The State of Pennsylvania is about to form a crypto task force that monitors the operations of cryptocurrency brokers in the State.
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Thanks for reading and see you tomorrow!
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Note: Cross-references of this article has created by author and has cross-referenced on multiple platforms. You can find links below ⬇️⬇️:
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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 🚀🚀
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You can reference my previous daily Bitcoin analysis here ⬇️⬇️:
Bitcoin Technical & Sentimental Analysis 07-31-21📈
Bitcoin Technical & Sentimental Analysis 08-01-21📉
Bitcoin Technical & Sentimental Analysis 08-02-21📉
Bitcoin Technical & Sentimental Analysis 08-03-21📉
Bitcoin Technical & Sentimental Analysis 08-04-21📈
Bitcoin Technical & Sentimental Analysis 08-05-21📈
Bitcoin Technical & Sentimental Analysis 08-06-21📈
You can reference my Bitcoin methodology here and here.
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You can reference my previous daily Ethereum analysis here ⬇️⬇️:
Ethereum Technical & Sentimental Analysis 07-31-21📈
Ethereum Technical & Sentimental Analysis 08-01-21📉
Ethereum Technical & Sentimental Analysis 08-02-21📉
Ethereum Technical & Sentimental Analysis 08-03-21📉
Ethereum Technical & Sentimental Analysis 08-04-21📈
Ethereum Technical & Sentimental Analysis 08-05-21📈
Ethereum Technical & Sentimental Analysis 08-06-21📈
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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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You can reference my previous weekly Cryptomarket forecast analysis here ⬇️⬇️:
Crytomarket Weekly Overview and Forecast 01-22-21 to 01-29-21🔥🔥
Crytomarket Weekly Overview and Forecast 01-29-21 to 02-05-21🔥🔥
Crytomarket Weekly Overview and Forecast 02-05-21 to 02-12-21🔥🔥
Crytomarket Weekly Overview and Forecast 02-12-21 to 02-19-21🔥🔥
Crytomarket Weekly Overview and Forecast 02-19-21 to 02-26-21🔥🔥
Crytomarket Weekly Overview and Forecast 02-26-21 to 03-05-21🔥🔥
Crytomarket Weekly Overview and Forecast 03-05-21 to 03-12-21🔥🔥
Crytomarket Weekly Overview and Forecast 03-12-21 to 03-19-21🔥🔥
Crytomarket Weekly Overview and Forecast 03-19-21 to 03-26-21🔥🔥
Crytomarket Weekly Overview and Forecast 03-26-21 to 04-02-21🔥🔥
Crytomarket Weekly Overview and Forecast 04-02-21 to 04-09-21🔥🔥
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Check out my Ah moment here ⬇️⬇️:
💭Ah moment 05-31-21💭
💭Ah moment 06-02-21💭
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Risk forecast guideline:
Risk Averse means you can use as defense 🛡️
Risk Seeking means you can use as offense ⚔️
Risk Neutral means no decision made and continue seeking opportunities 👁️
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Disclosure: I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose cryptocurrencies are mentioned in this article. This information is only for educational purposes.
