Bitcoin can crash to $50K if 'most critical' bear market test fails: Analysis
Bitcoin faces a critical test at $84,000 resistance; failure could trigger a crash toward $50,000 lows, according to technical analysis comparing current price action to the 2022 bear market. The 200-day moving average represents the "most critical" hurdle. Support levels near $78,000 must hold to maintain market structure integrity for Indian crypto traders monitoring macro trends.
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Zcash bets turn into second-largest liquidations behind bitcoin as ZEC rockets 30%
Zcash surged 30% to $543 Tuesday after Multicoin Capital disclosed a major ZEC position, triggering $62 million in futures liquidations—second-highest behind Bitcoin. The privacy coin's appeal stems from growing government scrutiny of crypto holdings, with 30% of ZEC now in shielded addresses, a record level suggesting real adoption rather than speculation. ZEC trades up 1,400% year-to-date.
