READ THIS POST BEFORE SHORTING $ZEC

#ZCash picked up momentum again last night. The price reached nearly the $1,400 level. What does this mean? It means nearly $5 billion flowed into the market overnight.

I don’t think there’s that much money in the market right now. In other words, prices are being inflated on the futures side. It’s hard to predict how long this will last, but as I’ve said before, if we see a big upward spike, that’s when we can short it.

I’m keeping an eye on it right now. I wouldn’t be surprised if it hits $2,000 today. DYOR!