Arthur Hayes Forecasts Zcash to Reach $1,000

Zcash Aiming for $1,000

The price of Zcash (ZEC) is set to reach its first target of $1,000, according to Arthur Hayes, former CEO of the crypto derivatives exchange BitMEX. His analysis suggests that impending liquidity from the Federal Reserve and a bullish technical breakout support this optimistic forecast.

Since Hayes called for liquidity on December 19, the price of ZEC has surged by 40%, as narratives around privacy gain traction. While the long-term prediction targets $1,000, a potential pullback to $400 cannot be ruled out.

Hayes emphasized that liquidity could return to markets even without an explicit announcement of