Legendary analyst il Capo announced a major bull run on an altcoin: “If Bitcoin rises, this altcoin could double in value.”

Il Capo of Crypto, a well-known analyst in the cryptocurrency market, shared his new assessment of one of the most talked-about altcoins in recent days.

Analysts have noted that the Zcash (ZEC) price has made a good bounce from its support level. According to il Capo, ZEC is currently showing a strong performance compared to the rest of the market.

In addition, the analyst claimed that the altcoin, currently trading around $408, is poised for a surge above $900. He added that this possibility is even stronger if the Bitcoin price makes a jump. He stated that he believes it is critical for the Bitcoin price to rise above $95,000.

ZEC reached its all-time high of $5,941 in 2016, when a significant portion of the coins were still locked, and at the time of writing, it is trading 93% lower than that record.

Privacy-focused ZEC has seen a surge of over 600% in the past year.

*This is not investment advice.

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