Catastrophic Zcash (ZEC) Prediction, Bullish Bitcoin (BTC) Factors, and More: Bits Recap September 25

Here's everything most interesting related to the price performance of ZEC, BTC, and SOL. ZEC has retraced from its 10-year high above $1,650, with one analyst envisioning a potential collapse to $200 under certain conditions. BTC has also slipped over the past few days, but whale activity and other factors suggest the overall bullish trend remains intact. Solana’s native token has been making headlines, too, as some market observers believe it could be on the verge of exploding to $500. Brutal Crash for ZEC Comes Next? Just a few days ago, the popular privacy coin surpassed $1,600 for the first time since 2016, but bulls couldn’t hold the momentum, and it corrected to under $1,500. Over the past 24 hours, ZEC headed north again and is currently worth roughly $1,590 (per CoinGecko). The asset’s overall uptrend is undeniable, with the valuation skyrocketing by 2,600% on a yearly scale. Still, X user Crypto Patel thinks that after this “extraordinary move,” it might be time for a major pullback. The analyst argued that a cup-and-handle structure suggests that the $1,600-$2,000 range might have marked the top of the cycle, adding that ZEC has started showing signs of “extreme extensio...