Zcash Rockets: Trump’s Tariffs & Bitcoin Jesus Spark Crypto Frenzy! 🚀

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In the capricious ballet of cryptocurrencies, Zcash (ZEC) pirouetted upward by a theatrical 30% on that fateful Saturday, October 11, reaching a dizzying four-year pinnacle of $284-while the rest of the crypto circus lost over $19 billion in derivatives positions in a mere 24 hours. As Bitcoin and Ethereum stumbled below their precious supports like tipsy aristocrats, Zcash, ever the enigmatic performer, claimed the crown as the top gainer among the top-50 assets. How delightfully ironic! 😏

Zcash Indulges in Quadruple Days of Decadent Gains Amid the Trumpian Tariff Tango with China

Zcash’s ascent to $284, my dear observers, synchronizes most conveniently with the rekindling of geopolitical fireworks, courtesy of President Donald Trump and his latest salvo of tariffs on Chinese imports. This privacy-cloaked darling of peer-to-peer payments flourishes amid whispers of neutral, secretive treasures, as shrewd speculators flock to it like moths to a flame during the crypto market’s latest bout of vapors. One might almost suspect a conspiracy of wit over wallet! 😉

The surge in ZEC followed a week of audacious short positions piled high as Babel’s tower, only to crumble in a splendid short squeeze upon breaching the $250 barrier. This rupture unleashed a cascade of forced coverings and liquidations, clustered like gossiping courtiers around those lofty resistances. What a squeeze indeed-tighter than a miser’s purse! 💸

Zcash (ZEC) short traders suffer $4 million liquidations in 12 hours, as markets waltz to Trump’s latest tariffs on China, October 11, 2025 | Source: Coinglass

Corroborating this merry chaos, Coinglass unveils that of the $5.75 million in ZEC liquidations over the past day, a whopping $4.01 million hailed from shorts, with a mere $1.74 million from the longs. Such an imbalance! Those bold short-sellers, caught flat-footed by the $250 breakout, propelled Zcash into its fourth consecutive day of double-digit revelry, proving once more that markets, like lovers, are fickle and unforgiving. 😂

As the hysteria of selling subsided on Saturday-like a storm passing over a soiree-traders repositioned for further frolics, with Zcash’s Long/Short ratio rebounding to 1.05, signaling that fresh bullish bets have eclipsed the shorts, thus mocking the initial tremors from the Trump-China imbroglio. Ah, resilience in the face of absurdity! 🌟

Roger Ver’s Settlement: A Divine Intervention Easing the American Crypto Inquisition

Earlier this week, Roger Ver-early Bitcoin evangelist, Bitcoin Cash proselytizer, and fondly dubbed “Bitcoin Jesus”-allegedly struck a $48 million truce with the U.S. Department of Justice to quell those pesky 2024 tax fraud indictments. One imagines him parting the derivatives like the Red Sea. 🙏

Authorities, ever vigilant, claim Ver, yanked from Spain in 2024, hid his Bitcoin bounty ere shedding his U.S. citizenship in 2014. This tale inevitably stirs the pot on privacy’s virtues in coins like Zcash, where anonymity is not mere vice but virtuous necessity. How the mighty fall, or rather, settle! 😈

The exquisite confluence of Zcash’s four-year zenith, Trump’s tariff theatrics, and Ver’s velvet settlement crafts a compelling ballad for privacy coins, positioning Zcash as the sly hedge against political tempests and market caprices. In uncertainty, wit-and wallets-prevail. 🎭

Zcash Price Oracle: Shall ZEC Waltz Beyond $300 in This Grand Masquerade?

At this scribbled moment, ZEC dallies around $265, a 14% dip from its intraday apex of $284 yet still boasting an 18% daily gain-like a victor nursing a minor scratch. Technical auguries hint at untrodden heights, should the stars align with sufficient bullish bluster.

Foremost, the Relative Strength Index (RSI) lounges above 68, tiptoeing into overbought realms but ascending still, a testament to unyielding optimism even at these altitudes. Overbought? Pish-posh, merely overheated passion! 🔥

Zcash (ZEC) Price Forecast | TradingView

The MACD flaunts a broad positive chasm, affirming momentum’s mighty stride, while Parabolic SAR dots have coyly slipped beneath the price candles. Should ZEC cling to the $250 bastion, the bulls may charge toward $320, as etched in the Falling Wedge’s prophetic lines on the three-day chart. Yet, a tumble below $235 would shatter this sunny saga, hurling it toward the $190 abyss. Markets, ever the dramatists, delight in such twists! 🎪

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2025-10-11 23:39