BSV very bullish long term, bearish short term.... bought anywayThe whole reason I am posting this chart is to show you that BSV has a negative correlation with BTC , which means that while this market continues to tank, BSV might actually do the complete opposite as you can see in the chart.
Also BSV to USD is pretty much very stable, so if you think about it it is extremely solid for the long term. The crypto market is basically dying off, and on top of that BSV has a ton of hate from the community, and at the same time it is coming out with flying colors in the worst possible environment, pure hate from everyone, market bloodbath, yet it is outperforming everyone, while BCH (abc) has been one of the worst performers in the whole crypto world. So if you look at that , you can imagine how far will BSV go if the market is actually bullish, and once more people understand that it is the real btc, and that it actually has a great dev team and a group of extremely smart people working behind it.
A NEW ERA OF CRYPTO:
I think we are entering a new era of crypto in which it will be BSV vs everyother shit coin. I dont think the crypto market as a whole will ever see a bull run like we saw in 2017. The market is now well aware that most ICOs are absolute garbage , even big name coins like Bitcoin cash is run by a bunch of retards that want to actually centralize the coin, even though they are saying the opposite, and are basically retarded by thinking having a hard fork every 6 months is a good idea for people building on top of it, and miners. Also coins like Ethereum, everyone was so fucking excited with ethereum, vitalik the pedophile (look it up) was seen as some sort of alien god, but now the smoke cleared and turns out eth is a shit coin that is a complete garbage in terms of coding and building on top of it, and actually very badly built. So basically the smoke has cleared, people have found out a lot of their ICOs where basically a scam, if not all, and even some of the larger coins are run by retarded pedohpiles (vitalik) and straight up idiots (roger ver) , so I dont see a way we will ever get another bull run like we did before, there will be a bull run BUT it wont go up to the same level as before it will stop sooner, much sooner, I think at the most 50%, then crash lower, basically lower lows and lower highs until basically I believe the only one standing and growing and growing will be Bitcoin SV.
BSV will continue to grow over time as all other shitcoins drop, it already had its flippening with Bitcoin Cash, then it will eventually have its flippening with Bitcoin (Core) since people will realize that Bitcoin core was basically hijacked and completely destroyed by Blockstream and the rest. This will take time for people to realize this but it will happen eventually. People will realize how BTC is basically useless, especially with lightning coming up which is a retarded idea as well. Eventually a BSV -BTC flippening will occur.
BSV BEARISH SHORT TERM:
BSV has a lot of bearish volume and price action at the moment so unless it is showing tricky price volume which does happen, it is very likely it will go down considerably, my pure intuition tells me that we might see it go down to as low as 60, maybe even 40. The thing with BSV is that it has still not have an accumulation phase which was the reason I thought there was no way it could have its bull run, then I saw a lot of bearish price volume so I think that is what is going on here, it has to go through an accumulation phase before it can shoot up. Research richard wyckoff so you understand how the market actually moves and works.
Either way knowing very well that BSV has a high chance of going down considerably I bought some BSV this week....
---Why would I do that if I was certain it was going down?
basically two reasons....
1) There is what I call a trading mental fuck, that happens sometimes when you are position trading, which is that when you are very bullish about a certain thing like a crypto you want to buy and hold, then what happens sometimes is that you miss your chance to invest because you are always post poning entering because you wanted a better price, that better price didnt come then it is more expensive than when you first thought of getting in so you dont want to buy at that price anymore so you tell yourself that you will wait until it "corrects" and it doesnt so now its even more expensive, and before you know it you basically missed your opportunity and then enter much much later feeling like a dumbass for not entering at the moment you first thought of it.
So when I discovered BSV, I told myself I was not going to do this mistake. I set a plan, I am going to buy BSV as soon as I have the money available. I will not wait for the perfect entry I am just going to enter at whatever the price is at the moment I have the money for it. And that is what I have been doing this week.
2) I am doing a strategy that I heard from Grant Cardone, in which he gets rid of his money as soon as he gets it investing into real estate so that he is always broke. This idea is that if you have money lying around you WILL find a reason to spend it , at least I know I will, but if you get rid of it as soon as you get it then basically you save yourself from the possiblity on spending it on some stupid shit, and at the same time you leave yourself broke which motivates you to work harder. I am starting to do this and I am suprised at how much stupid shit I was spending money on, if I had started this before who knows how much I would have saved by now.
BSV
BSV Okay I'm going to start recording more thoughts on Trading View.
Lost too many amazing charts in my break up with TradingPlaces.VIP
Short term slightly bearish. We need to get these gaps filled for a clean bullish break.
Long term definitely bullish.
BSV LOOKING DUMPY!!
Bitcoin cash SV has been on a steady decline for a few weeks now
We are currently sitting at the bottom of the support OB and we need to see a bounce ASAP or we could dump down to the next demand zone
We are currently on a descending price channel and have been riding along the top with no break above.
EMAs have crossed over bearish and with BTC on the verge of breaking down from support, we could very well see a failure here and lower prices
Next level down is very important to hold or else we could see a drop back down to 0.0150
Bottom of the channel would put us below this OB indicating extremely bearish PA so something to watch as we approach this support zone
Thanks guys!
Bullish on $BSVtenkan and kijun poised for convergence
->price will break above descending trendline and up into kumo cloud; kumo twist and bullish reversal
BSV/BTC Impulsive Elliott WaveBSV/BTC broke previous high on all exchanges, exept Binance. If support holds, an impulsive Elliott Wave has a good chance to play out.
This is my own opinion, not a financial advice
Feel free to comment any thoughts you may have. If you agree with this, give it a like
Naturex
BSV fibonacci targetsSome fib targets, if we can break 0.035 resistance. BSV is still in an uptrend on the hourly-daily charts, so there is a possibility.
This is not trade advice, just my own opinions.
Share your thoughts in the comments
Naturex
BSV/USD is doing better than most othersHere's my idea for what's going down. I'm accumulating already, but will do so more if it drops again.
It's interesting that this chart doesn't seem to be following bitcoin into the downward spiral.
I really think this is becoming a haven of security (alternate to tether/USDT) for people to place their money while the other cryptos find their bottoms.
Short term - might go down a bit
Long term - the moon is the limit, especially with tax season around the corner.
And they're off!!!This has been insane upward pressure today, telling me that maybe the selling of BTC is going into BSV.
I was waiting for that flag to break, and boyyy did it!
If the descending blue line is indeed a neckline, 1:1 gain gives me a HIGH estimate top around $180.
BSV: Boy, Super Volatility!Ha, ha! Nice try, but we know where this is going - zero! I expect to see epic volatility between now and zero, though!
For now, setting a target of $5! Take the easy money then get out, no point in waiting around for the last little bit!
Rotunda Flip!Okay, so I made that jargon up, but it certainly looks like at the end of the flag here BSV got flipped on it's back with it's belly exposed.
(AKA: signs of vulnerability and exposure to BTC's continuing downfall.)
BCH BSV BAB Low volume and trianglesI actually did not want to make an analysis on these 2 but since many people have asked me to i will give it a try. The reasons i did not want to do it myself is very simple, there is not enough data to analyse these 2, only 3 weeks of data. But i will give it a try. My second reason is, i honestly do not even want to waste my time or energy on something that is being used like a little toy by an elite few who simply just do whatever they want and have been the catalyst for the dump the crypto market had the past weeks. I hope these people are very proud of themselves for proofing the world that crypto is not decentrale as it is on paper.
On the left we can see a triangle in the making where the volume is dropping as well. Usually this means we can see a break on the downside. But that blue circle shows a possible bear trap move, indicating some big players might be accumulating here in this triangle. So only if we break up with high volume, this story might be true. That red zone is a clear resistance level.
On the right we can see an inverse H&S brought the price to the current levels and from the looks of it we broke upwards from that triangle. But there is no volume at all there. That tells me this breakout will most probably fail. Unless it can stay above the 95ish and still make another move up this week with high volume. Otherwise i think it can test the 70ish zone again.
Please don't forget to like if you appreciate this:)
#BitcoinSV | $BSV vs. The Champ, #Bitcoin | $BTC! Ding, Ding!...#BitcoinSV | $BSV vs. The Champ, #Bitcoin | $BTC! Ding, Ding! Wait for it...
What path will Bitcoin SV take? $BSV #BSVIt looks like decision time is fast approaching for Bitcoin SV.
You either get better or you get worse - you never stay the same (for long) so with that being said we see the levels at 0.02 - 0.031 - 0.039 accordingly.
Interesting times in the market indeed!
Stay cryptic yall,
BK
BSV SIGNAL: Come on Dr. Wright -Show Us What You Are Worth Now!!Dear Friends!
This is a TEXT BOOK signal - (BSVUSD) - easy money. But do you believe in Craig Wright and his new hard fork BSV currency? I really want to hear what you think.
And please LEAVE a LIKE. Thanks in advance.
D4 Loves You <3
$BCHSV $BSV cup and handle 0.045 sats targetCup and handle nearly completed. 0.045 sats is the target
An obvious #HeadAndShoulders has formed on #BitcoinSV | $BSV/usdAn obvious #HeadAndShoulders has formed on #BitcoinSV | $BSV/usd
BCHSV BSV BitcoinSV RSI Topped out, sold for now lookingBitcoin Cash SV looks overbought on the 15 minute. Good place to buy is around 0.031 sats.