Bitcoin tests market patience as Zcash offers renewed hope

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In early August 2026, Bitcoin trades around $62,700, roughly 9% below a key technical level, with a death cross forming on the weekly chart as the 20-week EMA is about to cross below the 200-week EMA. Zcash experienced a 50% crash on June 5, dropping from $624 to approximately $309 due to a security flaw in the Orchard shielded pool, but has since recovered to the $460 to $517 range by early August. The next major resistance for ZEC lies in the $480 to $500 zone. Key levels to watch are $68,000 to $69,000 for Bitcoin, where both EMAs currently sit.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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