Maybe, for now we are at least going back down to ~70.
So when will we see 400$ what do you think?
When GPU cards replace ASICS again
The ZEC chart reminds me a lot of ETH breakout from 7 - 1500. That happened in the Winter of 2017.
So maybe then
What makes you think 70 is still in play?
I remember previous pump. I was watching it in real time. In few minutes price gained 30%. Activity on exchange was such that I was unable to track recent trade history. Now it is nothing similar - USD-ZEC market is dead as always. Price now (after nice news) is LOWER then regular price day ago. Is this what you all were waiting for?
I believe Bitcoin is heading back down to retest the 3k-4k zone. Other coins, including ZEC will follow. The Coinbase news is out there now, no reasons for speculators to hodl on to their ZEC, so price will keep on dumping but will likely trap a new wave of enthusiasts (at least until the market recovers).
I could be wrong though, but I think that’s a wishful thinking.
Linking this back to the post I just placed
Looking at the BTCUSD chart, we’re already at the bottom of this bear channel. you’re saying we could break down more? Pretty oversold but then again, BTC has been really been oversold.
Personally i think futile to analyze BTC when Tether exists
3800 retest for BTC, that’s what I meant. I don’t expect it to break your bottom red line again, just to stick to it for a little while.
Knocking on ZECBTC 0.022 again…
Knock knock knocking on heaven’s door
Ah, and btw. I found this art from July:
I am very excited about this Coinbase news. With that said, it seems that the market response to any good news is being significantly dampened by the current bear market across all cybercoins (just like any scintilla of minor good news was over-amplified during the bull market at the beginning of this year; see the ZClassic pump in January and February in advance of the dubious launch of Bitcoin Private).
Seems like its forming a bull flag.
I don’t think this energy is lost, it just becomes potential energy that we will be seeing in the future.
I also would be surprised if it doesn’t go back to around $70-$75 in the next day or two. Look at the pump ZEC got when it was listed on Gemini compared to now. I believe it was around 50% higher.
I’am pesimistic for end of 2019, my prediction is Bitcoin down to 3,000-3500$ and ZEC 55-65$. Hope i’am wrong of course.
all the information’s out there. just need to tie together different news stories/reports from the last year-or-so. going to-try-to find time to write about this today. takes me some time since i need to dig-up specific reports that’ve convinced me zcash will be listed on NASDAQ platform in 2019.
zcash holding tough! people selling ZEC @ current levels are going to hate themselves in a couple weeks!! dash within the crosshairs again. do we permanently defeat dash’s exchange rate today?? kekekekek