I was original bull on this trade, came in at $4. Here's why I'm holding. Bittrex only does 350mil volume a day. Assuming the team did their effort to apply to big exchanges, there exists just that many more billions of volume a day. Binance is in play and other off shores are in play as well! Im talking big exchanges that does 200-400 mil range. There wouldnt be a reason as to why the pricing is hovering at 100 right now.
TA play seems totally valid, as the price touched the 1 day 200 EMA, which is always a very strong support point.
I expect a bounce regardless if it's a dead cat or not. Tomorrow should be an interesting day for this as the snapshot takes place.
Now that they are branding to BTC Private, I am curious as to what will happen.
Whether exchanges will implement it or not, that's another question, but ZClassic has been supported by major exchanges for a while.