BSVUSD - Cheap Bitcoin @ $43.30
Updated
For the majority of August, 
BSV has been trading in discounted territories based on the monthly dealing range high and lows @ $57.23 - $32.52 with there only being two days throughout the month seeing the daylight of premium prices.
This insinuates that smart money sellers are profiting more than the buyers this month, with this period in time being the best time to close out their short positions and wait for premium prices.
BTC and BSV tend to move in-tandem to each other so if my BTC bullish bias plays out going into next week (please refer to my most recent BTC analysis), it will strengthen the narrative of relative equal highs located above the $44 region being attacked with the goal of repricing up to the last up-close candle (deemed as a rejection block) @ $45.87
Set your alert for $44.91.
This is Equilibrium
Any price above is a discount
This is a good chance for aggressive scalpers to yield a potential 12%* (accounting for a short-term pullback into the daily SIBI that has been rebalanced)
I don't want to see price close below $39.93 going into next week as it will be back to the drawing board
BSV has been trading in discounted territories based on the monthly dealing range high and lows @ $57.23 - $32.52 with there only being two days throughout the month seeing the daylight of premium prices.This insinuates that smart money sellers are profiting more than the buyers this month, with this period in time being the best time to close out their short positions and wait for premium prices.
BTC and BSV tend to move in-tandem to each other so if my BTC bullish bias plays out going into next week (please refer to my most recent BTC analysis), it will strengthen the narrative of relative equal highs located above the $44 region being attacked with the goal of repricing up to the last up-close candle (deemed as a rejection block) @ $45.87Set your alert for $44.91.
This is Equilibrium
Any price above is a discount
This is a good chance for aggressive scalpers to yield a potential 12%* (accounting for a short-term pullback into the daily SIBI that has been rebalanced)
I don't want to see price close below $39.93 going into next week as it will be back to the drawing board
Note
7 days of snail action.
Expecting a huge up-close candle sweeping buy stops and targeting HTF arrays
Would not like to see $40.75 booked, especially a daily print below that price this week
Trade closed: target reached
Premium pricing of $45.87 has been met!
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