🐂 The bull has awoken!

Bitcoin has come within 1% of a new all time high and is setting 2024 off to a good start... will we see it go higher and hit a new all time high before the halving?

Flooz

5 min read Mar 5, 2024


🐂 The bull has awoken!

Today’s issue ⤵️

1. 📊 Today in markets

2. 🐂 The bull has awoken!

3. 👀 What’s next in Crypto?

4. 🔮 Flooz Top Picks

❓ Time to load up?

The new all time high is close for Bitcoin, but there is one question on everyone's mind...

What happens next?

And it's understandable. Most have never experienced this before.

But sadly, no one can predict with 100% accuracy what will happen next. However, with many more bullish events still to occur, including the Bitcoin halving, it would suggest that the bull run is only just getting started.

One point to note though... now that the all time high is within our sights, we could see some unfamiliar territory with the crypto markets.

We could go even higher.

We could see a big drop.

We could see altcoins take off.

There are many possibilities from this point onwards and trying to guess is not a good option.

Instead, make sure you are up to date and have researched the projects you are invested in.

As there is a good chance we see the markets move up more this year and even next year too, but knowing how or when is impossible.

So by having your research up to date and combining this with a plan, especially with profit taking, you are putting yourself in the best position you can to react to the markets.

After all, until you take profits, you don't make any money.

And with the bull run already starting, who knows how much time we have to be prepared, which is why getting the basics sorted is vital.

So on that note frens, let's prepare and wait for the market to do its thing!

📊 Today in markets

We have been waiting for this moment for a long time, and it is nearly here.

But are we heading towards the $70k mark, or do we drop?

Let's start with the good news...

The all time high was 1% away from being hit, which we have long awaited and signals we are in a bull run.

The bad news is, we haven't quite hit a new all time high just yet.

Which leads us into the next question...

What happens next?

Well it appears the markets are still strong, and although a pullback might be likely, we should continue pushing up and could even see $70k and more in the near future.

But again, applying caution here and not letting emotions take over is advised as we know the markets can do their own thing.

Let's see what happens in the lead up until the Bitcoin halving, but what we do know is... these are exciting times.

🐂 The bull has awoken!

The time is finally upon us, we are seeing history written in front of our eyes.

And yes, we are on about a new all time high for Bitcoin...

Many have been waiting for this moment for a few years, and during that time there has been a lot of ups and downs. Painful nights in the red, and very little moments of green.

But, it appears that 2024 could be the year we finally start to see the movements on our beloved tokens that we have been holding for dear life... quite literally.

So far, Bitcoin has only managed to hit the mid $68k area, but the all time high is close, with less than 1% away.

From here we could see some pullbacks and consolidation, or we could see a move towards $70k.

One thing we do know is... the demand for Bitcoin is outweighing the supply, which means at some point we are likely to see a bigger climb for Bitcoin, we just don't quite know when this will happen.

Meanwhile, altcoins and memecoins are seeming to enjoy this run and have been showing big gains recently.

The current state of the market is definitely interesting, but be careful as we never quite know when a correction could occur.

So only invest what you can afford to lose, and do your research before investing.

A bull run doesn't happen often, so let's make sure this is a good one.

👀 What’s next in Crypto?

Usually this is a 'what's next in crypto?' section...

But the what's next is actually right now.

Can you guess?

It is the one and only memecoins.

MEME SEASON IS BACK!

And oh boy are they flying at the moment. In fact, they are more than flying, we have $SHIB currently up 90% in the last 24H and over 300% in the last 7D.

But there are many more that are pumping right now, and many that could potentially pump even more.

We know how fun meme season can be, but it is also an extremely volatile investment, so be super careful with your choices.

Memecoins tend to trend together and with Bitcoin hitting an all time high, the markets seem to only just be getting heated up.

As a result, we've listed a few memecoins to watch out for below 👇

1. - Currently has a market cap of $37M and is 10% down in the last 24H.

2. - Currently has a market cap of $32M and is up 3% in the last 24H.

3. - Currently has a market cap of $10M and is down 8% in the last 24H. All of these have not pumped in comparison to other big memecoins, so could be in for a rise in the future, but remember that nothing is guaranteed and these are extremely volatile.

As always, only invest what you can afford to lose, and be extra careful when it comes to memecoins, as they don't tend to keep their movements for too long.

🔮 Flooz Top Picks

Here are our three crypto picks of the week: 👇

The first on our list is .

Numbers Protocol offers content verification to AI-driven companies and creativity tools. Through low-cost digital provenance infrastructure and decentralized storage, it increases trust in digital content and fosters innovative ways for content monetization.

The world of content is only growing which makes this a fantastic project right now, and on top of this, it has seen a 197% climb in the last 7D and over 400% in the last 30D.

Next up on the list, we have .

WiFi Map is an all-in-one app that offers a range of amazing features to help you stay connected no matter where you are in the world.

The importance of constant Wi-Fi availability in the current state of the world is vital, and in more demand than ever before, and $WIFI is providing this availability.

Over the last 7D, the price has risen by 30%, with a 76% move up in the last 30D. A $52M market cap makes this an eye catching project.

Our last pick of the week is .

AxonDAO’s mission is to independently decentralize and help protect the world’s health data. They do this by supporting DeSci fairness, educating, non-biased affiliations, and transparency.

The health industry is one of the biggest in the world and $AXGT are filling in a big gap here, making it one to watch for the future.

Over the last 7D, it has seen a price increase of 377% and has a market cap of just $50M.

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