Market Data Highlights
Bitcoin opens at $50K. It hits lowest at $50K and highest at $51K and stable around $50K ~ $51K. The average transaction fee is $2.35 which is a 50.21% decrease from 12-06-21. Fear and Greed level is at 25.
Ethereum opens at $4.3K. It hits lowest at $4.2K and highest at $4.3K and stable around $4.4K. The average transaction fee is $37.50 which is a 21.44% increase from 12-06-21. Fear and Greed level is at 38.
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 = $43k ~ $53k and my position is Long.
Ethereum Value = $3.7k ~ $4.5k and my position is Long.
NFT market highlights:
The NFT market is back. The volume is healthy again. Notice that Mirandus is in the first place selling their game products.
Current News Summary:
Today’s sentimental news and comments:
Bullish News 📈
As Shiba closed to Dogecoin market cap, it expends its usage on booking hotels as a payment alternative.
7 new altcoins will join Coinbase soon.
Rarible plans to have a multi-chain NFT future as they are working to have multiple tokens to include for the NFT marketplace.
The Bitcoin-backed loan is coming as Fidelity to offer through NEXO.
Bearish News 📉
Sushiswap pushes oligarchy co-founder and six other developers away for allegedly spending thousands of dollars for big private dinners with shady partners.
Future Trend 🚀
Google founder becomes Chinalink Labs’ strategic advisor. The blockchain seems like a solution for the future.
New layer 2 between Polygon and Arbitrum is launching. It is a sidechain of the sidechain. The security issue may still exist.
Scam Alert ⚠️
Scam: $Kasta Token
Reason scam: the token has not been released and any ICOs are scam
Scam types: ICO scam and fake tokens buying opportunities
Check out Cryptologist as a partnership publication.
Thanks for reading and see you tomorrow!
Photo by Сергей Катышкин from Pexels
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You can reference my previous monthly 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📉
Cryptomarket Valuation and Opinion 12-03-21📉
Cryptomarket Valuation and Opinion 12-04-21📉
Cryptomarket Valuation and Opinion 12-05-21📉
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.
