Despite all the positives since the beginning of the year, there are fewer and fewer buyers in bitcoin, which affects volumes and long lateral movements.
Despite statements about the absence of a recession, the correction that has begun technically shows confirmation of a reversal of the "bullish trend".
The idea is that this mini bull run in crypto is just excess liquidity from the stock market.
ZCash have a chance to break out a thin place in ichimoku cloud. This patterns is usually works on same charts.
After a long correction, it is expected that another correction will occur.
i mean, we have so much resistance levels, before cryptocurrency give us a big profit so fast.