Bitcoin in danger of dropping to $60,000, with Zcash bulls turning their backs on ZEC
Hex37's read
- Bitcoin faces risk of falling to $60,000 due to AI sector profit-taking.
- Zcash (ZEC) bulls are reportedly losing confidence, increasing downside risk.
- Broadcom's lowered AI-chip sales outlook is impacting crypto markets.
What it means for traders
- Consider shorting BTCUSDT as downward momentum builds on macro AI sector weakness.
- ZECUSDT may experience further declines as bullish sentiment wanes.
Affected markets
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