ZEC Price Alert: Analyst Warns of Collapse to $200 Amid BTC Bullish Momentum
Zcash has recently retreated from its 10-year high of above $1,650. An analyst warns that it could potentially collapse to as low as $200 under certain conditions.
This bears significant upside risk for the token, making it essential for investors to keep a close eye on market developments.
On the other hand, Bitcoin has seen some recent dips but remains in an overall bullish trend due to elevated whale activity and favorable on-chain signals.