BSV right now is moving sideways which i love, more reason to accumulate in this phase.
Current support level is 150, resistance at 170
Prior to the 2021 bull run earlier this year BSV was stable at 180 support and 200 resistance and was in that range for the majority of last year.
I do believe we will not see price below 150 this year.
depending on BTC if...
As you know we suffered a huge bloody day on Sunday 18th April due to catalyst of Turkey banning crypto as well as institutions using crypto for money laundering.
We have bottomed out and is now at $300 USD at the time of this post.
We will rip harder and faster past $500 in the next couple weeks there will be alot of FOMO.
Catalysts in the pipline in the next...
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BSV will look to either climb steady to around 260 area while also moving sideways (accumulation phase) if the pump does not happen this weekend,
I am pretty confident we will see a surge next week or the week after.
Please let me know your thoughts.
This weekend I am looking forward for this pump
BTC is setup primed for the next leg upwards
BSV should follow.
Chart looks primed
Need to beat resistance
and support needs to hold
Good R/R setup