BTC is currently still around $9200 and going sideways.
Yet we are already at this trend line.
I have a feeling BSV is going much lower than anticipated.
I don't see this trend line holding if BTC drops in value.
That means BSV will be harder to guess.
Let's watch this trend line closely.
Yet we are already at this trend line.
I have a feeling BSV is going much lower than anticipated.
I don't see this trend line holding if BTC drops in value.
That means BSV will be harder to guess.
Let's watch this trend line closely.
But only if BTC holds 9255 at the same time.
If BTC drops hard toward $5000 and BSV ratio hits the bottom, $36.50 is price of BSV.
I am now really worried about buying BSV around $100.
I may have to move my bids down.
This is starting to look really bearish short term. BSV/BTC is too low to hold this line.