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ericpaulmangin
Dec 10, 2020 5:09 PM

ZEC / USD - Likely Going to Impulse Up Again, but When? Long

Zcash / DollarBitfinex

Description

Zcash, despite it's unflappable endurance of rankled BTC-purists' insult hurling, will move in this Bull Market. There's a lot of on-ramps to it, meaning: it's got "shelf space" in pretty much every "store" (aka "Exchange").

Zcash also just went through a halving in Nov 2020 + it's prior ATH would surprise you. It's got over a 700Mil Mkt Cap, which is good enough to keep it on the Crypto Billboard's "Top 40" Coins.

I feel like August of this year (2020) was a pre-cursor--the "smoke" before the "Fire"--to this upcoming / current Bull-Run in the crypto Market. And Zcash nearly hit $100 USD at that time.

Not sure if I'd want to hold this coin throughout the Bull Market, but there's a ton of liquidity and it's currently in a spot where--as soon as BTC decides what the rest of the Market is going to do--Zcash has plenty of room to run.

Take a look at these "surges" in the price action (denoted by those little lightning bolts underneath each ensuing pump). When's the next one going to be? My guess is that it'll take place soon: Dec 2020-Feb 2021.

What do you think?
Comments
Kalete
Your spot on about Zcash. I see it pumping between now and throughout 2021. I think the speed and height of the upcoming Zcash pump will surprise many. It's been under heaving accumulation since late 2018. Zcash is certainly the coin to HODL in uncertain times like these, especially heading into 2021.
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