Bitcoin & Ethereum Valuation and Opinion 10-23-21

Market Data Highlights

Bitcoins opens at $61K. It hits lowest at $59K and highest at $61K and stable around $60K ~ $61K. The average transaction fee is $3.42 which is a 12.31% decrease from 10-22-21. Fear and Greed level is at 73.

Ethereum opens at $4.0K. It hits lowest at $3.9K and highest at $4.0K and stable around $3.9K. The average transaction fee is $22.88 which is a 28.43% decrease from 10-22-21. Fear and Greed level is at 70.

Here are some highlights to support my analysis:

Bitcoin Value = $55k ~ $68k and my position is Long.

Ethereum Value = $3.5k ~ $4.0k and my position is Long.
Today’s sentimental news and comments:

Bullish News 📈

Robinhood is thinking of adding SHIB to their crypto item.

2 Trillion asset management firm PIMCO plans to expand crypto investment.

Russian oil companies seek to increase revenues through mining cryptocurrencies.

Bearish News 📉

Defi airdrops may inflate the number of users.

Elon Musk wants to become the world’s first Dogecoin trillionaire.

Future Trend 🚀

Israel looks at Ethereum blockchain for their CBDC development.

First US Bitcoin ETF wants to waive trading restrictions.

South Africa bank to terminate accounts of clients offering crypto arbitrage services.

Thanks for reading and see you tomorrow!