This is my personal view of ZENCASH.
I don't want to promote it nor influence anybody to buy this asset, it's just my personal view.
Although we're in a BTC bearish situation
BTCUSD
,
ZENBTC
seems to perform pretty well with a solid tech and dedicated team following important updates.
I believe that we'll be testing the next 37k-39k fibo resistance in not more than a week at this pace. If broken, We're looking at a long term view of, at least, 50k Sats in 2 months (red fibo area). This might be of course influenced by a possible bull run of BTC, which was not yet envisaged but might happen in Q2.
There are no personal interests linked to this amateur analysis.
I don't want to promote it nor influence anybody to buy this asset, it's just my personal view.
Although we're in a BTC bearish situation
BTCUSD
,
ZENBTC
seems to perform pretty well with a solid tech and dedicated team following important updates. I believe that we'll be testing the next 37k-39k fibo resistance in not more than a week at this pace. If broken, We're looking at a long term view of, at least, 50k Sats in 2 months (red fibo area). This might be of course influenced by a possible bull run of BTC, which was not yet envisaged but might happen in Q2.
There are no personal interests linked to this amateur analysis.