๐ Bitcoin breaks new record
Todayโs issue โคต๏ธ
1. ๐ Today in markets
2. ๐ Bitcoin breaks new record
3. ๐ย Whatโs next in Crypto?
4. ๐ฎ Flooz Top Picks
โ What happens next?
We have all seen the great news for Bitcoin, and with a new all-time high hit, the question now is...
Where do we go next?
As it stands, things are still looking strong, and despite the big drop down to $60k, the market recovered super quick and may even be looking to move higher.
But for now, it doesn't seem like the market is going to drop significantly and selling at this point could be a mistake.
Many will have thought about taking profits after the all-time high was hit, and while that is a good idea, leaving the markets completely would not make sense.
Especially considering we only just moved to a new all-time high, and haven't even pushed for much higher, which is expected.
Now, when we were mentioning about having a plan over the past few months leading up to this... now would be the time to start executing on it.
If you were planning to take profits, then do it.
If you were planning on seeing higher first, then wait.
The most important thing for you is to follow your own guidance and do what is best for you.
No one knows what is happening next, so it's important to do your own research and trust your own plan.
Remember, you can't win if you don't take profits.
Now, let's see how much higher this wave can run and hopefully we see many more green candles!
๐ Today in markets
Bitcoin hit an all-time high this week, but saw a big correction afterwards to around $60k.
Now we've hit above the $70k mark, is $80k next?
It certainly seems like there is a chance, especially after the quick recovery after the recent drop.
The markets are strong and with the Bitcoin halving coming up, we may see a move higher and push towards $80k.
But let's see what others are saying ๐
It seems that the bullish attitude is still there and we could be visiting $80k in the near future ๐
And let's not forget we have the Ethereum upgrade this month, with the potential ETF approval too. Whether we move up more now, or later, it seems that higher is inevitable, but we also know the markets can be unpredictable.
The state of the markets certainly seems bullish currently though and to move into the $80k area eventually seems on the cards.
As usual, it is a waiting game. So be patient and make sure you are ready for what is next.
๐ Bitcoin breaks new record
The long awaited all-time high has finally been hit, and we even pushed past the $70k mark.
But are we about to see an even higher price?
This is entirely possible.
Why?
Because not only is there a lot of demand for Bitcoin right now, with the ETFs playing a big part in this, it seems that the markets are staying strong and holding well right now.
This means that when sell pressure dries up, we could see an explosive move to the upside and smash into the $70k area even further.
The recent push to a new all-time high has held strong so far, and if it continues like this, we could see a slow grind upwards.
So although it is not guaranteed, we are still extremely likely to see a much bigger push above and could even see the $100k mark if we are lucky.
Let's not forget that we have the Bitcoin halving approaching fast, and this was also the first time in history that Bitcoin reached a new all-time high before the halving...
But speculating does not mean it will happen, so for now, we are conservative and just letting the markets do its thing.
What we do know though... is that anyone involved in crypto right now should be excited, especially after a few years of pain and losses.
So, let's enjoy this and make sure the bull market can make up for the rough journey many have been on.
๐ Whatโs next in Crypto?
Memecoins have been leading the way recently, but it seems like a new sheriff is in town.
And it is Artificial Intelligence...
Are we surprised?
Certainly not, especially with the Nvidia conference coming up this month.
But that's not the only reason... we are seeing AI take over on many fronts and it is almost becoming a daily part of life at this point.
And without it going anywhere soon, we might as well embrace it right?
So... while we are on that topic.
Here are some lower cap AI tokens that you could add to your watch list for the bull run ๐
1. - The dedicated Blockchain Network for data monetization within AI models is expanding quickly and currently has a market cap of $25M.
2. - The fastest decentralized Web3 browser with AdBlock, dVPN, Crypto Wallet, Better Privacy and many other features. This has a market cap of just $47M.
3. - A Web3 AI execution technology that provides you with access to CeFi, DeFi, and NFT crypto markets through an all-in-one conversational AI interface. Right now, this has a market cap of $43M.
๐ฎ Flooz Top Picks
Here are our three crypto picks of the week: ๐
The first on our list is .
Vulcan Forged is the ultimate web3 ecosystem known for Vulcan Studios, its web3 gaming studio; Elysium, a carbon-neutral Layer-1 blockchain; and MetaScapes, its upcoming Metaverse-as-a-Service project.
$PYR has a current market cap of $230M and has seen a rise of 20% in the last 7D.
Next up on the list, we have .
This is an interesting project that has two different products, one for individuals and one for businesses.
MDTโs consumer oriented product RewardMe, an app that rewards YOU for the data you contribute. Whereas MDT's Business Oriented Product: Measurable AI is your data powerhouse that provides accurate, real-time and actionable consumer insights, built with blockchain technology.
Currently $MDT is sitting on a market cap of $73M and has moved up by 33% in the last 7D, making it one to watch for the upcoming bull run.
Our last pick of the week is .
Beoble is the Web3 chat solution for the people in which you can earn rewards by simply chatting.
The social world is becoming bigger and bigger by the day, and to be rewarded for chatting could attract a lot of attention.
$BBL is a new project with their token only recently released. Currently it only has a market cap of $30M.
