Bitcoin & Ethereum Valuation and Opinion 10-21-21

Market Data Highlights

Bitcoins opens at $65K. It hits lowest at $62K and highest at $66K and stable around $62K ~ $63K. The average transaction fee is $4.32 which is a 40.28% increase from 10-20-21. Fear and Greed level is at 84.

Ethereum opens at $4.1K. It hits lowest at $4.0K and highest at $4.3K and stable around $4.1K. The average transaction fee is $27.11 which is a 12.40% increase from 10-20-21. Fear and Greed level is at 78.

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 📈

Polygon just patched a critical bug on its Plasma Bridge to avoid an $850M loss from hacking.

Tech platform before Sotheby’s NFT Metaverse raises $20M as NFT is still a hot market.

The Economist magazine wants to sell Defi’s front cover as an NFT.

Bearish News 📉

Regulation uncertainty is looming as people start to take sides.

Future Trend 🚀

Former US House speaker promotes Bitcoin and the countries should use it as an inflation hedge.

China’s state planning agent calls for public opinion on the Bitcoin mining ban.

Real Estate agency Argentine accepts Shiba Inu as a payment.

Texas firefighters pension fund allocate $25M in Bitcoin and Ethereum.

Exchange your eyeball data to earn Worldcoin. Worth it or a massive surveillance program?

Thanks for reading and see you tomorrow!

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