Bitcoin Technical & Sentimental Analysis 07-30-21

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Bitcoins opens at $39K. It hits lowest at $38K and highest at $40K and stable around $39K ~ $40K. The average transaction fee is $2.31 which is 5.10% decrease from 07-29-21. Fear and Greed level is at 53.
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Bitcoin Value = $28k ~ $40k and my position is Long.

Today’s sentimental news and comments:

Bullish News 📈

Michael Saylor again prepares to buy Bitcoin. It seems you can just buy a way out to become a Trillionair.

University of Pennsylvania continues holding Bitcoin endorsement. Bitcoin endorsement makes itself more reputable in long term.

Bearish News 📉

Binance again hits a wall. This time is from Asia as Malaysia ordered crypto exchange to halt operations. The global government continues halting Binance operations.

IMF laid out a vision for CBDC adoption. CBDC adoption will accelerate.

Crypto markets may get manipulated according to a recent study from PwC. Large investment firms may drive up the Crypto price.


Also, if you have any suggestions, please do not hesitate to let me know!

Thanks for reading and see you tomorrow!

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