Market Data Highlights
Bitcoin opens at $56K. It hits lowest at $53K and highest at $57K and stable around $56K ~ $57K. The average transaction fee is $3.34 which is a 17.94% decrease from 12-02-21. Fear and Greed level is at 31.
Ethereum opens at $4.4K. It hits lowest at $4.1K and highest at $4.6K and stable around $4.2K. The average transaction fee is $41.76 which is a 18.83% decrease from 12-02-21. Fear and Greed level is at 43.
Also, you can view my 1 min video summary if you want to skip the reading, don't forget to check the "earning section" at the end of the article:
Here are some highlights to support my analysis:
Bitcoin Value = $50k ~ $58k and my position is Long.
Ethereum Value = $3.9k ~ $4.8k and my position is Long.
NFT market highlights:
The NFT market lost steam. The market sell-off intensifies. I bet the weekend will recover some. The economy of the future is looming.
Current News Summary:
Today’s sentimental news and comments:
Bullish News 📈
Charlie Munger calls crypto crazy and wishes it had never been invented. It revealed how Billionaire is fearful of losing its dominance in the future.
Bearish News 📉
New 39K Bitcoin has entered the exchange over the past 24 hours to push Bitcoin price in bearish mode.
Dogecoin is out of the top 10 cryptos as Luna has pushed it away.
Someone paid 149 ETH or $650K for a virtual boat ride in Metaverse.
Americans lost $3.5M per day between Q1 to Q3 2021 in investment-related cyberattacks.
Future Trend 🚀
Wall Street eyes on Bitcoin-backed Loans as a new way of financial instrument.
The SEC wants crypto to be securities.
NFT ETF is alive.
Scam Alert ⚠️
Scam: Celsius
Reason scam: lost from hacking incidents of approximately $54M or a little under 1/2 of BadgerDAO
Scam types: uncover lost funds from customers, potential go out of business
Check out Cryptologist as a partnership publication.
Thanks for reading and see you tomorrow!
Photo by Huy Phan from Pexels
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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 🚀🚀
💪💪 October 2021 Technical Analysis Summary 🚀🚀
💪💪 November 2021 Technical Analysis Summary 🚀🚀
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You can reference my previous daily Bitcoin & Ethereum analysis here ⬇️⬇️:
Cryptomarket Valuation and Opinion 11-22-21📉
Cryptomarket Valuation and Opinion 11-23-21📈
Cryptomarket Valuation and Opinion 11-24-21📈
Cryptomarket Valuation and Opinion 11-25-21📉
Cryptomarket Valuation and Opinion 11-26-21📉
Cryptomarket Valuation and Opinion 11-27-21📉
Cryptomarket Valuation and Opinion 11-28-21📈
Cryptomarket Valuation and Opinion 11-29-21📈
Cryptomarket Valuation and Opinion 11-30-21📈
Cryptomarket Valuation and Opinion 12-01-21📉
Cryptomarket Valuation and Opinion 12-02-21📉
You can reference my Bitcoin methodology here and here.
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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.
