@noam_chom, chart looks very good now that the lower sweep is almost complete.
ckthesounder
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@noam_chom, yeah let's see what happens. There was one last final gap that was on my radar for the past 3 years already. I was always wondering if it gets filled. Finally happened just a few days ago. This thing really wants to fill every single gap there is. The good news is: all the downside gaps are closed and it left TONS of gaps allllllll the way up. I'm still convinced this will pump one day. Whether this will happen this year or in five, I'm not sure.
noam_chom
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@ckthesounder, my estimate is that for the current bear cycle vs bitcoin, Zcash reaches its low sometime this week (if not having already done so)
ckthesounder
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@noam_chom, Interesting idea. So far it seems spot on. I think we will have one more leg down. I believe ZEC will dip below 25 for a short time.
noam_chom
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@ckthesounder, on USD? yes that would be very possible if BTC goes back down to $20,000
ckthesounder
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@noam_chom, I wouldn't be surprised if BTC makes another dip. I'm on the sideline. Too many people get rekt because they're impatient and emotional. The next couple of days/weeks will bring more clarity. Until then I just chill and watch. If this really is the bottom I just buy on the next pullback.
noam_chom
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@ckthesounder, yes there is new FUD around the corner... Tax Season selling lol. by April we'll know if the bottom is in or not