Bitcoin Tests Market’s Patience as Zcash Gives Holders Hope: Analysis
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Bitcoin is currently testing the market's patience, with a death cross looming, as the 50-day moving average falls below the 200-day moving average, a bearish signal. Meanwhile, Zcash is giving holders hope with a potential breakout, as the price rises above its mid-June crash lows, indicating a possible reversal in fortunes for investors.
Will Bitcoin breakout of its death cross? Can Zcash continue to make holders forget about that mid-June crash? Here’s what the charts say.