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• Zcash price traded to above $744 in November, reaching the highs on two occasions as privacy coins rallied.
• While sentiment took a hit as price fell amid profit-taking, the privacy coin’s token remains largely bullish.
• Bulls may target the $1,000 high.

Zcash dropped to a low of $530 as Bitcoin rebounded to near $87,000 before also paring gains.

The altcoin could revisit support again, but an upbeat market amid whale accumulation means ZEC could target the multi-year highs again in the coming weeks.

However, that optimism could get a serious dent should prices fall below $500.

ZEC falls 8% but bulls fade bears

Zcash’s latest price action tells a tale of fleeting optimism punctuated by relentless bearish momentum.

Recently, ZEC clawed its way up double digits to hit $740 highs and lead the top altcoin gainers.

A lot of the momentum got fuel from institutional whispers of accumulation.

It included aspects such as Cypherpunk Technologies’ recent ZEC treasury addition and VanEck’s projection of the altcoin were seen as a vote of confidence.

Yet, as Bitcoin crashed to lows of 80,000, even ZEC’s uptick proved ephemeral.

On November 24, 2025, ZEC dropped to intraday lows of $530 after plummeting nearly 8%.

Zcash’s intraday high of $608 nonetheless beckons after bulls bounced to $547 as of writing.

Zcash price forecast

Zcash’s trajectory hinges on technical resilience amid bearish headwinds.

The daily chart shows the price remains above the 50-day exponential moving average.

Meanwhile, the Relative Strength Index (RSI) on the timeframe reads 52.30, dipping but not beyond the neutral territory mark.

At current levels, RSI neither screams “buy” nor “oversold,” aligning with the market’s indecision.

Bulls need an upsloping direction above 500, while bears will have eye on movement below the threshold.

Despite bears threatening the recent rally, bulls have it all in front of them as they battle to keep the $530 price level.

Here’s what analysis by LunarCrush says about ZEC:

“After pricing moving up more than 1400% in the last three months, Zcash took a break this week with price moving down 20%. Social activity remains extremely strong as the 5th most mentioned coin, ranking right after $XRP and just ahead of $DOGE. $ZEC has shown to be highly correlated to moves in social activity and [social activity] is rising again.

What’s next

A revisit of the $550 zone and a retest of $600 might spell a flip to the current downward vulnerability.

In any case, trading volume falling 38% in the last 24 hours and price bouncing off key levels suggests ZEC is not in panic selling mode yet.

Buyers can seize this opportunity to push ZEC above key psychological levels.

If the privacy narrative strengthens, fresh targets could emerge above $1,000.

Long-term, Zcash’s privacy edge could catalyze further gains, with scarcity favoring bulls.

The post Zcash price holds key level: can bulls break to $1000 next? appeared first on CoinJournal.

• Bitcoin drops 31% as investor belief weakens and risk sentiment fades.
• Fed uncertainty, regulation stalls, and ETF outflows deepen BTC’s slide.
• Long-term holders take profits, marking a shift from prior Bitcoin crashes.

Bitcoin has tumbled sharply from its recent record highs, with strategists at Deutsche Bank pointing to a weakening in investor conviction as a key force behind the cryptocurrency’s downturn.

The world’s largest digital asset, which suffered its worst weekly loss since February, continues to face pressure from shifting market conditions, regulatory uncertainty, and profit-taking across both institutional and long-term holders.

Bitcoin edged higher over the weekend but remained down 0.79% at $85,933 at the time of writing.

The cryptocurrency is now 31% below its all-time high of $126,272 reached on Oct. 6.

According to Deutsche Bank strategists Marion Laboure and Camila Siazon, the most significant factor driving the selloff is that “investor belief is crucial for continued gains — and right now the faithful are wavering.”

The strategists revived their “Tinkerbell effect” theory from 2021, which argues that bitcoin’s valuation is driven heavily by sentiment and what investors collectively believe it is worth.

In their view, sentiment-driven selling has re-emerged, shaking confidence in bitcoin’s ability to remain a stable part of diversified portfolios.

They noted that bitcoin’s “portfolio integration is being tested,” adding that the shift could be temporary or persist depending on broader financial conditions.

The bank shared 5 reasons behind the cryptocurrency’s sell-off.

Broader decline in stocks and risk appetite

The first major factor weighing on Bitcoin is a pullback in global risk sentiment.

Deutsche Bank notes that the cryptocurrency continues to behave like a risk asset rather than a safe-haven hedge, despite some investors hoping it would evolve into a defensive store of value.

The broader selloff in equities has spilled into digital assets, reinforcing that Bitcoin’s performance remains tethered to overall market mood.

Uncertainty over the Federal Reserve’s next moves

The second pressure point comes from uncertainty surrounding US monetary policy.

Investors have become less confident that the Federal Reserve will continue easing this year.

This shift has introduced volatility into multiple asset classes, including cryptocurrencies, as traders reassess risk-taking amid the possibility of a more restrictive policy stance.

Deutsche Bank strategists warn that further hesitation or hawkish signals from the Fed could deepen Bitcoin’s decline.

Regulatory momentum has stalled

Regulatory uncertainty is also contributing to the downturn.

According to Laboure and Siazon, momentum behind crypto-related regulatory progress has slowed since the summer.

This stagnation has complicated Bitcoin’s “portfolio integration,” making institutions more cautious about increasing exposure.

The lack of clear, forward-moving regulatory frameworks has left investors in a holding pattern, weakening one of the key drivers of Bitcoin’s mainstream financial adoption story.

Institutional outflows and thinning liquidity

A fourth driver of the selloff is rising institutional outflows.

Deutsche Bank notes that several Bitcoin exchange-traded funds have experienced withdrawals, reducing liquidity across the market.

Thinner liquidity amplifies price declines and increases volatility.

This dynamic marks a significant difference from previous crashes, many of which were predominantly driven by retail traders rather than institutions.

Long-term holders taking profits

Finally, long-term Bitcoin holders — often referred to as the most steadfast participants in the market — have begun taking profits.

This behavior, the strategists say, has not been observed in earlier downturns and underscores the unusual nature of the current correction.

Selling from such investors adds to market pressure and signals that even committed holders are reassessing their positions.

While the strategists say it remains unclear when or whether Bitcoin will stabilize, they emphasize that this year’s pullback is distinct.

Unlike prior crashes fueled by retail speculation, the current slump is unfolding amid a complex mix of institutional activity, shifting macroeconomic conditions, and evolving policy landscapes — leaving the market’s next move uncertain.

The post 5 reasons for Bitcoin’s selloff according to Deutsche Bank appeared first on CoinJournal.