Woke up to find $ZEC back in the low 1,200s.
Just before dawn the day before yesterday, it had hit a high of 1,350. The Winklevoss “5,000” interview, the ETF being the day’s only one to attract inflows—the whole narrative was firing on all cylinders. A little over a day later, it’s given back 10% in 24 hours, even dipping below 1,187 intraday. All of the gains from that rally the day before yesterday are gone.
The story is still there, but as soon as the price drops, the story takes a back seat. Those who bought into the narrative and those who chased the highs probably aren’t feeling too good right now.
#ZEC #PrivacyCoins
Just before dawn the day before yesterday, it had hit a high of 1,350. The Winklevoss “5,000” interview, the ETF being the day’s only one to attract inflows—the whole narrative was firing on all cylinders. A little over a day later, it’s given back 10% in 24 hours, even dipping below 1,187 intraday. All of the gains from that rally the day before yesterday are gone.
The story is still there, but as soon as the price drops, the story takes a back seat. Those who bought into the narrative and those who chased the highs probably aren’t feeling too good right now.
#ZEC #PrivacyCoins