🚀 Bitcoin all-time high?

🚀 Bitcoin all-time high?

Today’s issue ⤵️

1. 📊 Today in markets

2. 🚀 Bitcoin all-time high?

3. 👀 What’s next in Crypto?

4. 🔮 Flooz Top Picks

🚀 Flooz Exclusive Data Bytes 

Today we're switching things up, are you 🫵 curious what the top 100 $OpenFabric holders 🐳 bought in the last 24h? Let's take a look shall we...

❓ What to do now?

We've had a steady move up on Bitcoin and the markets the last few weeks, but things have slowed.

This has definitely got the emotions going for many investors, and rightly so... after all, money is at stake, right?

However... the problem with this is that the overbearing emotional responses can cause us to make rash decisions, which we may later regret.

Or profit from... but when market conditions are this good, selling is always a risk, especially so close to the bull run.

So, what do we do now?

Well... sadly we cannot decide for you. But what we can do is let you know about the facts.

This year we saw Bitcoin ETF approvals, which are breaking records all over the place and demand is extremely high.

We are about to see an upgrade on Ethereum, which is likely to see some increased interest due to the benefits, mainly reduced fee related aspects.

Next we have the Bitcoin halving approaching in April, and just before that, we are expected to see Ethereum ETF approvals...

Now that is a lot of upcoming events.

Oh... and did we mention that Bitcoin hit $50k, it's highest price since 2021?

Now we are not advising you to buy or sell here, but simply highlighting that the current landscape of things seem to be extremely positive.

Which means that we could likely see even higher prices this year and perhaps even see a new all time high on Bitcoin.

Now while this isn't a guarantee, does it seem like a good time to risk selling assets?

We'll leave you to decide that.

But remember, make sure to have a plan and we'll be here riding the waves up to the bull run with you.

📊 Today in markets

February has been a fantastic month for Bitcoin and the markets, with us seeing a two year high.

But are the tides turning, or are we preparing for another move up?

So far, the $50k mark has still held which is a positive and with highly anticipated events approaching fast, we could well be on our way to move higher.

Let's see what's being said 👇

It seems this recent drop could well be within the plan to keep moving up. Which makes sense as we know the markets can't continuously go up without any drops.

So far, there is not too much to worry about and we'll have to wait and see how the market reacts.

But if we can regain the $52k mark, it could allow us to move closer to the $60k area which many are desperate to see... including us.

Moving below $50k however, and we could be in for a bigger drop before we see any bullish moves up.

Now it's time to play the waiting game and see who makes the next move.

🚀 Bitcoin all-time high?

We've seen Bitcoin hit $50k recently, which is the highest it's been since 2021...

Now reports suggest a new all time high has been hit?

Sadly, this isn't completely true... while some reports suggest a new all-time high has been hit, it's not what you may expect.

So, what exactly is going on then?

In short, an actual all time high has not been hit for Bitcoin, and now you're probably thinking...

"Why was it mentioned then?"

The reason it was mentioned was because due to inflationary currencies paired against the US Dollar, Bitcoin hit it's highest point for 14 countries.

So while in technicality there was no 'actual' all time high for Bitcoin, it was for the 14 countries mentioned above, including Japan surprisingly.

This moves us onto the next important question...

Why is this important?

Well, the fact that Bitcoin has seen a new all time high for these 14 countries shows that the US Dollar is becoming an issue, and in turn... Bitcoin is being used to hedge against this.

So while this is not exactly good news for the US Dollar, it is brilliant news for Bitcoin and crypto adoption.

After all, the more trust that is built, the more people we are likely to see move into the crypto world, which is not just great for development, but also for the investing ecosystem too.

It's just timely that we are approaching the Bitcoin halving and the next bull run... coincidence? Time will tell.

👀 What’s next in Crypto?

We're back with the airdrops again!

This year is certainly not slowing down with anything crypto related, especially airdrops.

So far we have seen some incredible airdrops that are returning users some very good profits, and they are not done yet.

The next airdrop on the agenda is $BERA.

Berachain is a high-performance EVM-compatible blockchain built on Proof-of-Liquidity consensus which currently has a test net available for users to interact with.

On top of this, they raised $42M in private round funding, with the likes of Polygon involved.

This could be another exciting airdrop for 2024 and if you want to know how to farm it, check out the thread below 👇

🔮 Flooz Top Picks

Here are our three crypto picks of the week: 👇

The first on our list is .

Openfabric is a decentralized AI platform where the collaboration between AI innovators, data providers, businesses and infrastructure providers will facilitate the creation and use of new intelligent algorithms and services.

With AI still trending, $OFN is benefitting greatly and has seen a 260% rise in the last 30D, with 33% in the last 24H.

Our next pick on the list this week is .

Cellframe Network is a scalable, open-source, next-generation platform for building and bridging blockchains and services secured by post-quantum encryption.

In the last 30D, $CELL is up over 300% and is continuing to attract more attention. This is certainly a project to watch out for in the future and it only has a $30M market cap too.

Our final pick of the week is .

Obortech is an all-in-one simple solution to enable digitized and traceable supply chain. $OBOT has many partners already, including Microsoft and is looking to continue expanding.

With a price rise of over 350% in 7D, the interest on this project is evident and it is likely to continue growing in the future, especially with only a $9M market cap.