Buying the bottom in the green box worked out very well, and BSV is outperforming BTC slightly in this run over the last 2 weeks. Bullish breakouts continue. The only concern is daily RSI is higher than it's been in a year, so we may be nearing the top of a local push. There will likely be a refueling buy opportunity over the next 2 weeks, and then we see whether this was a bull trap, or the buy opportunity of a lifetime at $76.00
What are you thoughts on the constant collapse on BSVs price and marketcap? 76 in MC and ZERO adoption at any scale that matters. BSVs performance in the last 2 weeks is barely 1% more than BTC. Considering all the predictions and promises from those "in charge" nothing has happened for BSV. Over 99% of the tx are from a single app that has no real value to the user. What's the point of having every dice roll onchain? Utility on BSV is nothing. I doubt there will be any serious pump for BSV in the future like there has been in the future (to which they were all Craig related, now no one cares about Craig and the lawsuits). For nearly a year, BSVs price has been sideways slowly declining. And please don't say anything about some conspiracy to keep BSV down. The liquidity and volume on the few exchanges that trade BSV is abysmal.
@Gunslinger2005 lmao you searched BSV charts then wrote this
chanbist
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@Gunslinger2005, lmao go buy some tron coin for ur bright future
texnumex
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Ppl seem to love to hate Craig W. But seems to me we may have just seen some evidence of his access to Satoshi's stash. He said the other day in an interview, he was going to start selling his BTC. And of course he obviously wants BSV to go up since BSV is his baby. Before the interview a Whale Alert told us that a bunch of BTC was sent out of a large dormant whale wallet. Right after he did the interview and the whale alert was public, BTC dipped from nearly 48 K down to just below 45 K About the same time frame BSV was one of the few coins in the green. But it's Prolly nuttin. As nearly everyone in Crypto, gives no credit to C.W. The reverse correlation was probably just a coincidence. But lets imagine for arguments sake, the BTC selling pressure was mainly from the Satoshi stash. And the funds received were used to purchase BSV. If this happens again 2 or 3 times we need to be aware of one thing. 1.1 million BTC can create a lot of sell pressure on the BTC chart and a lot of moon support for the BSV chart.
Bubbachismo
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that's easy, look at the history of shorts against bsv. unmatched. they'll do anything to keep it down. it's actually laughable how obvious it is.