BSV - I hang in on my trade !BSV has been in in a brutal bear market for almost 2 years now !!
It is on of the (if not the) worst performing assets during this time !!
From a RSI (relative resistance) and from a sentiment perspective it has bottomed on the 4th of January 2021.
Price wise there has been nothing but sideways action for almost 10 months !!
My take is when this thing turns (and fundamentals suggest is will), it could be spectacular !!
Realbitcoin
BSV - we have CLEAR break out !!We have a clear break out now - and BSV is up around 12.2% relative to Bitcoin in a matter of days.
RECOVER WILL BE SLOW AND GRADUAL - FOMO will come later on !
However the rise is slow (it will not be explosive) since the FUD and the AGRESSION on this coin has been unprecedented !!
I am used to receive much hate !! I have been holding XRP for 4 years now !! So I am able to handle hate !
However this was nothing when compared the hate and contempt you receive when you are a BSV holder !!
For some reason I like to be hated - especially when hated by the crowd - since the crowd is usually WRONG !!
Will that materialize this time ? We'll see ....
BSV - we are almost there !!Since the low on the RSI indicator in the beginning of January 2021, price has continued going down.
Everybody and his sister is screaming that "BSV is a shitcoin" and "Craigh Wright is a SCAM" and "BSV has been 51% attacked" and so on ...
However if we take a look to the RSI indicator relative to price, a strong hidden divergence is building up during the last 8 months !!!
Now price has almost reached the apex of the bullish descending wedge....
MY TAKE is that everybody and his sister and her dog are dead wrong about the narrative.
MY TAKE is that BSV is superior tech wise relative to the so called "Real Bitcoin".
MY TAKE is that the market (who at the end is always right) will show that to its participants.
Time is near ! This is a wake up call !
BSV - USD chartSteeve Fragnière has asked me my opinion on the BSV USD chart.
At first glance it looked awful.
However if you flip it to a regular (non log scale) it looks quite interesting !
Price is moving inside a broadening (megaphone) wedge pattern.
If BSV flips to bullish mode, which I think it will do, a reasonable short term price objective would be 700 USD.
There is a heavy volume by price resistance up to the 200 USD level. If it succeeds to get above 200 USD price could move dramatically.
BSV - big pictureBITCOIN (ORIGINAL) SATOSHI VISION has been in a bear market for ALMOST 2 YEARS now !!
At the beginning of January 2020 (last year) Bitcoin Satoshi Vision shoot up to a 1/15th of a Bitcoin !
Its bottoming process is ongoing for almost a year: 276 DAYS !!
Today BSV is worth a little over 1/300th of a Bitcoin !!
Since BSV's tech is superior (similar protocol but 1000 times cheaper transactions and 1000 times greater speed) BSV is at the very least 300 times undervalued.
Some would argue more than 1000 times undervalued !!
If you dump 1 entire Blockstream-Mastercard-AXA-Coin .... I mean 1 entire fake Bitcoin .... you could buy 282 real Bitcoins !!!
Once BSV has reached its full value and its value has been recognized by the market ..... calculate what your portfolio value will be !!
I know this opinion is not very popular ... however it is what I believe to be the TRUTH !!
.... by the way: TRUTH is quite underrated today as well !!! Ah ah ah ah ah !!
BSV - it's finally happening !!!What I forcasted (see my previous posts) is finally HAPPENING !!
We had a crash capitulation low.
We had a bullish around-the-apex move.
We consolidated in an ascending channel (gearing energy for the move)
We had a break out and a successful back test.
Now it is MOON time for the real bitcoin !
We could be in for a big surprise !
BSV is the most hated and suppressed coin (after XRP).
WATCH OUT FOR A BIG MOVE !!
BSV MID TERM/LONG TERM OPPORTUNITYWhy I think Tesla didn’t buy BTC at all. PsyOP.
Yeah, i know this is controversial thesis, but I’ll take you on a journey I’ve been on myself for a few days.
The below references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
So how did it get started?
In the introduction of my undergraduate thesis, I wanted to describe Tesla’s recent BTC purchase to give a historical background of recent events. I started looking for information about the details of this transaction and found several articles including one on CoinDesk talking about Coinbase as the custodian that handled the execution of this transaction.
The article says “Coinbase’s institutional trading wing handled electric car-maker Tesla’s $1.5 billion bitcoin investment earlier this month, according to The Block.”
#XRPTHESTANDARD#XRPTHESTANDARD
#XRPPARTY
#XRPTHEREALBITCOIN
#XRPCOMMUNITY
#XRPROCKET
#XRPMOON
#XRPFRIDAY
#XRPALLIN
#XRPBALLER
#XRPISCRYPTO
#XRPNUMBERONE
BCC's promotion handle SUSPENDED on Twitter. The "real" Bitcoin?Last month Bit Pay unveiled support for card top-ups using the Bitcoin rival, Bitcoin CASH. At the time, it was my hope that adoption of BCH transactions would boost support for the community....unfortunately when looking over the charts from the last couple of weeks, things do not look as good as I'd hoped. Since March 3rd price action for BCH vs BTC has dropped more than 15% sitting on a cluster of support once again at the .786. Ranking # 4 on CoinMarketCap, BCC has a market cap today of $11,155,525,447 USD.
Though BCH is up more than 200% since it began trading on Bittrex their future looks tumultuous. Is Bitcoin Cash losing the war they've been waging to claim the title of THE BITCOIN? This morning the Twitter handle being named responsible for the promotion of the coin was suspended due to a "large number of complaints from Twitter users". Some surmise these complaints were pursued by original Bitcoin enthusiasts, while others suggest the account was a "fake" to begin with and thus suspended for violating terms of use.
Are you a supporter of BCH? Do you think the coin will make a turn around managing to ultimately claim the champion title of the title Bitcoin?
Let me know in the comments!