Is this an ending diagonal or a triangle?
Bitcoin SV just hit a new All-Time Low which is a major development and also a great signal for us "bottom fishers"... You know the saying, "once you hit bottom, the only place left to go is up".
My intuition recently alerted me saying something like this, in a whisper... "Hey Alan, check BSV"... Well, not really, it was...
BSV BTC - soon the big PUMP
some predictions made by cryptocurrency experts that you can find online. According to one such prediction, based on technical analysis, BSV price could reach 0.21 in the first two quarters of 2023 and eventually close the year at 0.50 Another prediction estimates that BSV price would be between 0.50 to 0.80 by 2027
How BSV does 100x (LENGTHY BUT WORTH IT)
- Courts in favor of accepting Craig Wright on lesson in freezing BSV , BTC and even all of crypto addresses and recovering process
- Normies finding out on BSV utilities
- Oridinals on BSV
- 1 billion TX daily stress test
- Hodlnaut defamation (probably lose again, doesn't matter)
- Bitcoin copyright win
- BSV rebranded...
How BSV does 100x (LENGTHY BUT WORTH IT)
- Courts accepting Craig Wright on lesson in freezing BSV, BTC and even all of crypto addresses and recovering process
- Normies finding out on BSV utilities
- Oridinals on BSV
- 1 billion TX daily stress test
- Hodlnaut defamation (probably lose again, doesn't matter)
- Bitcoin copyright win
- BSV rebranded to who...
The price movement approaching the resistance area with decreasing liquidity indicates a reduced enthusiasm of market participants to buy. This is also supported by the decreased concerns caused by the Silicon Valley Bank & Signature Bank incident. Therefore, it can be concluded to prepare for a selling position.
BSV was extremely volatile between 2019 - 2021. But starting in June of 2021 until today, volume and volatility really dwindled throughout the bear market. However over the past 6-8 months, volume has picked up and the price is slowly breaking out of an 18month falling wedge. Cue volatility!
One piece of news that you cannot see in this chart is that Robinhood...
Looking really beautiful folks
i’m smelling a short squeeze here and an epic rally and possibly a new shift trend for BSV
Could go to unexpected levels so trade cautiously
Thanks and take care
We know how the whole Bitcoin Cash is going to take over Bitcoin sage ended... We don't know who owns what, whos winning or whos losing.
We support cryptocurrency, we like the concept, the idea, the innovation, the freedom it gives and also the alternative that it is.
More cryptocurrencies is better for us.
More Altcoins is good for us, for the end-user, those...
If the selling pressure increases, the price reduction can continue until the previous floor is 36.4 to 37.9 dollars.
If Bitcoin misses its previous low in the $15,500 range, BSV could break its support to at least the midline of the main descending channel, the $32-$30 range.
It's minor resistance in the range of $40.4 to $41.4.
