BSV Target $605 - $840
Updated
i like the way that BSV has been moving within this fib trading range
last pump went to 1.382 extension of the range
presently holding above the 61.8 level
if the next pump went to 1.618 that would be $630
various fib projections which have produced the target area
wedge slowly closing, expected break to the upside due to:
Court cases
- Case involving 1,100,000 BTC BCH BSV likely to be dropped as the plaintiff Ira Kleiman does not have the grounds to sue on behalf of the trust.
coingeek.com/lynn-wright-files-urgent-petition-to-declare-ira-kleiman-barred-from-suing-craig-wright/
- 'Faketoshi' case, defendant Peter McCormack's lawyers have signalled he has given up after seeing evidence produced in discovery
coingeek.com/wright-victorious-peter-mccormack-abandons-libel-defence/
Fundamentals
- Teranode coming 2021, bringing terabyte-sized blocks and 50,000 TPS ending the scaling debate
- Enterprise deployment on-chain - Geospock and EHR Data
- Block TX fees bringing more income for miners than block reward in Q1 2021 as hinted by a large publicly listed miner Taal at the Coingeek conference
last pump went to 1.382 extension of the range
presently holding above the 61.8 level
if the next pump went to 1.618 that would be $630
various fib projections which have produced the target area
wedge slowly closing, expected break to the upside due to:
Court cases
- Case involving 1,100,000 BTC BCH BSV likely to be dropped as the plaintiff Ira Kleiman does not have the grounds to sue on behalf of the trust.
coingeek.com/lynn-wright-files-urgent-petition-to-declare-ira-kleiman-barred-from-suing-craig-wright/
- 'Faketoshi' case, defendant Peter McCormack's lawyers have signalled he has given up after seeing evidence produced in discovery
coingeek.com/wright-victorious-peter-mccormack-abandons-libel-defence/
Fundamentals
- Teranode coming 2021, bringing terabyte-sized blocks and 50,000 TPS ending the scaling debate
- Enterprise deployment on-chain - Geospock and EHR Data
- Block TX fees bringing more income for miners than block reward in Q1 2021 as hinted by a large publicly listed miner Taal at the Coingeek conference
Note
if 1.382 was hit on the latest trading range that would be $880
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