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BSV now trading in Japan for the first time ever on HuobiHuobi Japan has begun listing Bitcoin’s native asset, BSV, on its trading platform. It’s the first time BSV has gained a listing on one of the world’s most lucrative digital asset trading markets. Japan is the world’s third-largest economy, and the yen (JPY) is the world’s third-most traded fiat currency. The country’s share of the world’s (fiat) FX trading market has been estimated at around 4.5%. FTX interim CEO Sam Bankman-Fried recently suggested Japan’s digital asset trading market could be worth US$1 trillion. Both Huobi’s announcement and Bankman-Fried’s prediction are a few weeks old now, and Huobi’s BSV launch is landing smack in the middle of one of the digital asset industry’s worst price crashes. Bitcoin fans probably could have wished for this historic event to have happened at a more favorable time for the trading markets—and the global economy in general. However, just yesterday, BSV bucked the overall market trend by rising 10% as most others fell, possibly due to traders anticipating a growth opportunity. (For the record, Bankman-Fried remains bullish about the market and has promised to expand his businesses rather than downsizing as other large names like Coinbase have done.) Japan has been generally permissive of digital assets and the development of blockchain technology over the years. However, this has come with heavy regulation of exchange platforms and the assets they are allowed to list. These regulations have limited Japan-based digital asset trading to an exclusive range of coins and tokens that often reflected sentiments at the time the rules were made in preferences of industry groups like Ethereum Classic, BCH, and Japan’s own Monacoin. Until this year, it did not include BSV. Now that it does, and a large exchange has begun trading it, any visible demand for BSV could see other Japanese exchanges follow suit. Gaining regulatory acceptance from Japan’s Financial Services Agency (FSA) and an exchange listing was the result of the BSV Blockchain Association’s consultation and lobbying. The Association’s General Counsel and Chief of Staff, Marcin Zarakowski, has said the current introduction of SPV standards to BSV will help overcome any concerns regarding transaction security. Previously, the sheer volume of transactions on the BSV network had made some exchanges hesitant to support the asset.
BLong
by Kenneth4333333
BSV - this is a bull !!!There is ONE coin of which I am certain that it is NOT in a bear market !! THIS IS BITCOIN SATOSHI VISION. MACD is screaming G R E E E E E E E E E E E N since a loooong time !! RSI is showing a huge positive divergence ! Price has formed a bullish parallel channel just below the apex of which it recently broke out. Same is happening in the USD cross (confirmation). The AROUND-THE-APEX move is almost complete and a bullish hammer is forming just next to the apex. This set up has been forming since a long time and has taken MUCH MUCH MORE time to form than I would have thought. This indicates to me that the BULL MARKET IN BSV RELATIVE TO OLD BITCOIN will take much longer than I would have previously thought. Time WILL tell .... !!
BLong
by Dangermousebanana
3
Double Bottom and Breakout/Retest.Buying the bottom in the green box worked out very well, and BSV is outperforming BTC slightly in this run over the last 2 weeks. Bullish breakouts continue. The only concern is daily RSI is higher than it's been in a year, so we may be nearing the top of a local push. There will likely be a refueling buy opportunity over the next 2 weeks, and then we see whether this was a bull trap, or the buy opportunity of a lifetime at $76.00 Time will tell.
BLong
by kurtwuckertjr
9
Bitcoin SV (BSV) - December 8Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BSVUSD 1W Chart) 175.0-193.680 or higher: Expected to create a new wave. If it falls below the downtrend line, it is expected to enter the mid- to long-term investment area, so you need to trade cautiously. ----------------------------------------- (BSVBTC 1W chart) Above the 0.00732290 point: Expected to turn into an uptrend. Above 0.0122 point: Expected to create a new wave. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
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by readCrypto
BSVUSDT is the best choice to open a position todaymost of the tokens are going somehow exactly as bitcoin is going, so I analyse BTCUSDT chart first then I choose the token with more movement (based on the percent it has gone up or down) so today BSV is the best choice for higher gains everything is on the chart, if the price comes below 146 I will open a short position after a pullback and if the price goes above 155 I will open a long position after a pullback. My Bet is On the Downward movement based on my analyses.
by Belachi
Bitcoin SV (BSV) - November 18Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BSVUSD 1W Chart) - Medium to Long-Term Perspective Above the 129.190 point: the uptrend expected to continue 193.680 Branch Director: Expected to create a new wave (1D chart) Resistance section: 189.420-217.293 Support section: near point 105.800 If the price is maintained above the resistance level, it is expected to accelerate the uptrend. It is necessary to check whether the price can be maintained in the volume profile section formed in the section 105.800-193.680. If it falls from the support zone, there is a possibility of entering the mid- to long-term investment area, so careful trading is required. ------------------------------------------ (BSVBTC 1W chart) It must rise above the 0.00420202 point to turn into an uptrend. It needs to move above the 0.00775719 point to continue the uptrend. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
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by readCrypto
#BSV Bitcoin SV LOG Chart- 5X potentialI always wonder why BSV is offered on Robinhood and not on Coinbase. :P I put together a Log chart on a 1D and looking at history to assume where this is going. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Long
by MillionaireEconomics
3