Zcash drops 8% amid analyst warnings of potential crash to $200
Zcash fell 8% in a day after a 2,600% rally over the past year. Analyst Crypto Patel warned of a possible crash below $500 in 1-3 years, citing a cup-and-handle pattern near $1,600-$2,000. Short-seller Zayn reported $60,000 in paper profits from a ZEC short position.
Summaries are written by AI from the original article. Not investment advice.