Bitcoin will hit a new all-time high in April, according to the popular pseudonymous trader and analyst Flood.
In a series of tweets, Flood reveals his bullish BTC prediction to his 115,000 followers along with his top altcoin holdings.
The analyst who has been accumulating both Bitcoin and Ethereum (ETH) since 2015 when the assets were worth roughly $250 and $1 each, says that he is heavily invested in BTC and six altcoins going into the second financial quarter of 2021.
“Portfolio by weight going into Quarter close: BTC, FTT (FTX Token), Solana (SOL), Synthetic (SNX), Aave, Raydium (Ray) and ETH.”
The trader adds that he also has decent-sized bags of Ethereum competitor Polkadot (DOT), decentralized exchange Serum (SRM) and automated market maker (AMM) Nerve Finance (NRV).
Of all his altcoin plays, Flood notes that he is particularly bullish on the native token for the FTX crypto derivatives trading platform, FTT and is doing his best to accumulate as much of the asset as possible.
Converting any and all short profits into $FTT
— Flood (@ThinkingUSD) March 25, 2021
“No reality where BTC doesn’t make a new all-time high next month.”
Currently, the number one cryptocurrency is hovering around the $56,000 range after taking a dive down near $51,000 earlier this week.Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
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Featured Image: Shutterstock/Kseniya Ivashkevich