Cryptomarket Valuation and Opinion 12-13-21

By xuanling11 | Crypto Learning | 14 Dec 2021


Market Data Highlights

Bitcoin opens at $50K. It hits lowest at $45K and highest at $50K and stable around $46K ~ $47K. The average transaction fee is $1.52 which is a 10.08% decrease from 12-12-21. Fear and Greed level is at 28.

Ethereum opens at $4.1K. It hits lowest at $3.6K and highest at $4.1K and stable around $4.0K. The average transaction fee is $23.00 which is a 12.51% decrease from 12-12-21. Fear and Greed level is at 37.

Also, you can view my 1 min video summary if you want to skip the reading:

 

Here are some highlights to support my analysis: 

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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 down along with the crypto market. The gas fee is also down dramatically. It is time to swap! Can you believe you need to spend $2K to swap your $1K assets?!

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Current News Summary:

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Today’s sentimental news and comments:

Bullish News 📈

Florida State wants to become the first crypto state as their governor proposes a budget to create a crypto-friendly state.

Germany’s largest savings bank gives 50 million people exposure to Bitcoin.

The world first Bitcoin ETF just bought the dip for $211.6M in Bitcoin.

Bearish News 📉

Elon Musk continues supporting Dogecoin but it seems nobody is buying it.

Future Trend 🚀

The first traditional Bank in Europe adds Ethereum into their balance sheet as crypto makes traditional finance more fracture.

The US will embrace cryptocurrencies fully in 2022.

Scam Alert ⚠️

Scam: Eagle Eye Token

Reason scam: their advertisement said they will scam you

Scam types: fake token


Check out Cryptologist as a partnership publication.

Thanks for reading and see you tomorrow!

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Photo by Pixabay from Pexels

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You can reference my previous monthly analysis here ⬇️⬇️:
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💪💪 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 ⬇️⬇️:
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Cryptomarket Valuation and Opinion 11-23-21📈
Cryptomarket Valuation and Opinion 11-24-21📈
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Cryptomarket Valuation and Opinion 12-12-21📉
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.

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