Bitcoin SV (BSV)Bitcoin SV is a hard fork of the Bitcoin Cash (BCH) blockchain; thus, BSV follows the shadow of both Bitcoin and Bitcoin Cash! Recently, BSV broke the downtrend curved line, and it seems an impulse upward wave might have started. Let's see what happens.
P.S. Take this into mind: BSV movements are very noisy, and big shadows can occur.
BSV
BSV : READY FOR THE NEW USDT WHALE INCREASEHello traders, I hope you have a nice time with the market trading and study.
This update is for BSVUSDT adding about the possibility of a breakout we can see in the coming time, the expecting coming from the High interest that can be from USDT to BSV.
As we did add before we expect that BSV is going to see a breakout that will take the price up $76 with the high breakout expected of $110
We expect with the long-term cycle that BSV can return back to $400
USDT can play a very important role in this, and also since the last trends in HK. (BSV is more interesting in Asia)
This update is not trading advice, but an expectation depending on our view.
We already follow BSV Since the previous week.
BSV 2023 BREAKOUT PREDICTION: BACK TO GOLDEN LEVEL $400Since today BSV shows an interesting technical pattern of volume that can mean a coming time a structure volume. we like to study coins that can have time volume.
There is unexpected data of an increase that could explode BSV to new highs.
We did make a possibility where this structure volume can bring BSV in the predication of 2023
We found out that BSV is able to go back to the old key and golden level of $400 in 2023
Before we made this study, we did check all the reasons and trends that BSV will get it to level.
This is a view from our side and is not meant to be trading advice.
BSV seems to enter a new start of breakout soon.
This update means for year 2023
Share with us what you think about it.
Thank you
Artificial(AI) Transact in Bitcoin will explode BTC TO NEW HIGHSWhales can give BTC an unexpected breakout as we have not before seen it in 2023
Lightning Labs Unveils Toolkit to Enable AI Transact in Bitcoin
And it seems this can give BTC new power to increase,
former BitMEX CEO Arthur Hayes presents a compelling argument for why Bitcoin could become the preferred currency for artificial intelligence (AI). Hayes’ reasoning is rooted in the unique characteristics of Bitcoin and the specific needs of AI.
We have seen already some movements on OCEAN, AS MDT can follow also.
The new hype of AI could start and BTC with this trend is able to explode.
the newly released toolkit assists AI applications such as OpenAI’s ChatGPT to interact with the Bitcoin network to send, receive, and hold the crypto-asset. Lightning Labs explained that the new tools are built on a Lightning native authentication mechanism – L402 protocol. It also uses a popular library called “Langchain.”
Interesting to follow how this will go further as also Retailers buying more bitcoin than miners can supply and further Hong Kong’s Hashkey Pro to Expand Cryptocurrency Services for Retail Investors.
BSV SEEMS TO ENTER NEW VOLUME WITH ATH BREAKOUTThis update is regarding BSV's long-term outlook. Based on our thorough analysis, it appears that BSV is poised for a notable surge, potentially leading to a new all-time high and surpassing the $400 target.
This update stems from a trend signal we detected through a meticulous examination of the volume range. Our study suggests that BSV is currently entering a new trend characterized by the involvement of influential market participants, commonly referred to as whales.
USDT seems an interesting stable coins for the orders of BSV.
our focus lies not in blind optimism towards various cryptocurrencies, but rather in assessing specific coins based on factors such as market interest, technical analysis, and the likelihood of whales making strategic moves.
In the case of BSV, we have closely monitored its past performance, particularly observing four previous pump trends. Based on our analysis, we believe that a fifth pump trend could be imminent as the cycle unfolds.
This insight emphasizes the potential for further growth and prosperity within the BSV market. However, it is important to remain mindful of the inherent volatility of cryptocurrencies and the possibility of unforeseen developments.
Let's see if this update can be a historical trend where we start for a new cycle BSV.
BSV : NEW INCREASE TIME TO STARTAfter we have seen a movement in BTC, and BCH, the Technical side shows a breakout possibility on BSV.
One thing is that BSV the only BTC that follows the idea of satoshi of Nakamoto 100%
We expect that BSV can have coming time a volume increase since some pattern confirmation shows a high chance of a breakout.
We will follow BSV to see If this breakout will play in the coming time over.
One of the most targets is $79 followed by $110
There is a trend going on in HK with new exchanges, this can be a volume change for BSV also.
It can take some time, but the interest will stay the same.
Know the risks of trading, this update means only as expecting views and not trading advice.
BSV info
Bitcoin SV (BSV) is often claimed to be the coin that follows the vision of Satoshi Nakamoto more closely than Bitcoin (BTC) or Bitcoin Cash (BCH). This claim is based on more factors.
Protocol adherence: BSV aims to restore and preserve the original Bitcoin protocol as described in Satoshi Nakamoto's whitepaper. It seeks to maintain the original design decisions and parameters, such as larger block sizes, to enable on-chain scalability.
BSV soonBSV 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
✴️ Bitcoin SV Ending Diagonal | The Intuitive SignalIs 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 more like, "Look at Decentraland and BSV" on a bland tone while at the same time pictures of the charts were coming up in my minds eye.
As you can see from the chart above, BSVUSD has been crashing since April 2021 with no major bullish or reversal signals.
The pattern I mention at the start is true and the ATL... Oh wait, there is more.
One classic and quite accurate signal comes in the form of divergence and these work great to alert about potential reversals.
First, the chart | BSVUSD Weekly RSI
As you can see, the RSI bottomed November 2022 and started to go up, while BSV continued down so this is a strong divergence, coupled up with the pattern, 8-May sessions Doji, the ATL and my intuition...
Low risk (tight stop-loss) vs a very, very strong potential for rewards.
Thank you for reading.
This is not financial advice.
I love you!
Namaste.
BSV/USD Long term outlookHow 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 to who knows, possibly Bitcoin
- CBDC on BSV? Possibly
- Strong accumulation pattern
- Copa case victory
- Craig Wright finally recognized as Satoshi Nakamoto by courts and worldwide
- BSV gets regulated and listed as Bitcoin
- 100x
How long? Could take years (2025) until it all plays out, if not all then some at least.
Next halving could get interesting
This is what I see in the charts so it's not financial advice!
Good luck to you all on this bumpy journey
Ignore the noise, keep your eyes on the prize.
Long term outlook for BSV/BTCHow 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 knows, possibly Bitcoin
- CBDC on BSV? Possibly
- Strong accumulation pattern
- Copa case victory
- Craig Wright finally recognized as Satoshi Nakamoto by courts and worldwide
- BSV gets regulated and listed as Bitcoin
- 100x
How long? Could take years (2025) until it all plays out, if not all then some at least.
Next halving could get interesting
This is what I see in the charts so it's not financial advice!
Good luck to you all on this bumpy journey
Ignore the noise, keep your eyes on the prize.
Patience
Thanks and take care
XAUUSD Market ViewThe 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 - Get Ready for VolatilityBSV 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 delisted BSV in mid-January and its BSVBTC pairing tumbled 40%. A bit of an overreaction in my opinion and as a result, BSV's USD gains have been minimal in comparison to other alts in the market. However, I think the shock of the BSVBTC dip is starting to wear off and I could see it regaining lost ground against BTC rather quickly, returning it to previous early January BTC levels and beyond. That would be close to a 50% gain and possibly more if BSV pumps like it has in the past. There's a bullish cross on the daily MACD as it hits the zero-line. I think BSV has entered bullish territory for the moment. As a result, I am long here in the hopes of at least a quick scalp as its recovers against BTC with the possibility of a huge return if it pumps. Let's wait and see.
Bitcoin SV BSV prediction for the end of the yearpreviews chart
BSV/USDT short
Entry Range: $44.50 - 46
Price Target 1: $41
Price Target 2: $38
Price Target 3: $35
Stop Loss: $51
Bitcoin SV vs Bitcoin Is Preparing For A Bull-BreakWe 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 of us that live on Bitcoin/Crypto and use cryptocurrency on a daily basis since 2015.
All expenses paid in crypto for many years before.
We love Bitcoin.
We also love Bitcoin Cash and we are so glad we have more than one option.
We also love Litecoin, the Merge, Cardano and all the rest.
We see Bitcoin SV, we lost track of the whole game but we also like it as an alternative coin, the more the better.
If one fails, the other can take its place.
If one is lacking a certain feature, a different one can provide this feature and we can all choose and use what we prefer.
We can always use them all as we do now.
Bitcoin SV vs Bitcoin (BSVBTC) has managed to stay above MA200 as well EMA10/50/100.
The only barrier missing based on the moving average indicator is EMA300, gray line on the chart.
The strong green candle 28-November is the give-away.
This candle gives away what is about to happen.
This candle removes overhead resistance and prepares the terrain for growth.
Ever since the June wave BSVBTC has remained strong with little correction/strong consolidation... After the consolidation phase comes the bullish jump.
We expect additional growth.
Based on the charts signals of course.
Namaste.