Bitcoin & Ethereum Valuation and Opinion 09-19-21
Market Data Highlights
Bitcoins opens at $48K. It hits lowest at $46K and highest at $48K and stable around $46K ~ $47K. The average transaction fee is $2.45 which is a 5.41% decrease from 09-18-21. Fear and Greed level is at 53.
Ethereum opens at $3.4K. It hits lowest at $3.2K and highest at $3.5K and stable around $3.2K. The average transaction fee is $15.00 which is a 11.75% decrease from 09-18-21. Fear and Greed level is at 52.
Here are some highlights to support my analysis:
Bitcoin Value = $42k ~ $50k and my position is Long.
Ethereum Value = $3.0k ~ $4.0k and my position is Long. Todayโs sentimental news and comments:
Bullish News ๐
Elon Musk supports PoS over PoW and who cares.
Bearish News ๐
Ukraine officials fail to account for million worth of Bitcoin.
Turkish president launches war against crypto.
Future Trend ๐
Corporations united to enter a pact to prevent crypto companies from suing each other.
PayPal will launch its own crypto trading platform in the future.
Stablecoin regulations are coming. The U.S. Treasury targets Stablecoin at first.
Will crypto companies replace tech giants to become the next hot trend or they may just become another tech giants?
Thanks for reading and see you tomorrow!
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