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
BSVUSDT trade ideas
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 Why Bitcoin SV is a useless forkForked cryptocurrencies, which emerge as a result of splitting from the original blockchain, often face an uphill battle to establish themselves as valuable and distinct entities. One of the primary concerns is that forks are perceived as redundant copies of the original blockchain, lacking the same level of innovation, utility, and market demand. This perception leads some to believe that forks will struggle to gain widespread adoption and maintain significant value.
Additionally, forks often encounter difficulties in building and sustaining communities and resources. Divided communities and limited developer support can hinder the progress of forked projects, preventing them from achieving the same level of growth and ecosystem development as the original chain. These challenges can also impact liquidity and network effects, making it harder for forked cryptocurrencies to compete effectively.
Furthermore, the original blockchain, from which the forked cryptocurrency originates, usually retains its dominance in terms of market capitalization, brand recognition, and developer activity. This creates a significant hurdle for forks to overcome, as they face strong competition from the established and widely adopted original chain. The success of the original chain can overshadow the forked projects, diminishing their perceived value and hindering their ability to gain traction.
In my opinion BSV Satoshi's vision could easily reach $12.10.
Looking forward to read your opinion about it!
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.
Selling pressure!If the selling pressure increases, the price reduction can continue until the previous floor is 36.4 to 37.9 dollars.
If Bitcoin misses its previous low in the $15,500 range, BSV could break its support to at least the midline of the main descending channel, the $32-$30 range.
It's minor resistance in the range of $40.4 to $41.4.
BCHSV Starts To Recover | Early SignalsWe have a stop-loss hunt event on the BSVUSDT (BCHSV) chart.
This can also be called a fake breakdown.
The market manipulators move the price to where most of the stop-loss are placed.
After the stop-loss are activated a fast recovery take place.
That's why we use a manual stop-loss. To avoid being caught in this type of move.
The cryptocurrency market is quite tricky, one need to be very smart in order to be able to stay positive in the game.
Patience is key.
Buy and hold long...
You will be happy with the results in 2025 or late 2024.
Do your own research of course but experience tells me that these two years are going to be lots of fun; for us cryptocurrency lovers/traders of course.
Namaste.
What comes next? BSV chart won’t exist in the future imo. There will be a rebrand “Bitcoin” ruled by a court order and a fresh chart for it. Price discovery will happen obviously at launch. Number could be anywhere from $5000 to $40,000 depending on the fomo and the craze behind it. Thanks for playing.
BSV to $27Wave 3 of 5 has completed and bsv has retraced the minimum 0.236 from the peak already.
It could rise some more in retracement before dumping one final time.
$27 is the lowest possible imo of the range seen from 0.618 - 2.618 ext.
I will be buying some at each point (0.618, 1, 1.618, 2.618) although these coins all seem to be pushed to their max so I will have a big buy order set at $27
Bitcoin SV (BSV) Price Prediction 2022Bitcoin SV ( BSV ) Price Prediction 2022
Bitcoin SV ( BSV ) holds the 52nd position on CoinGecko right now. BSV price prediction 2022 is explained below with a weekly time frame
A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contact points. This is because it needs at least two lows to connect, as well as two highs. Buying and selling pressure is equal, and the prevailing direction of price action is sideways. Horizontal channels provide a clear and systematic trade by providing buy and sell points. When the price hits the top of the channel, sell your existing long position or take a short position. The difference between the other two is that a horizontal channel is characterized as having equal highs and lows.
Currently, Bitcoin SV ( BSV ) is at $62.532 .If the pattern continues, the price of BSV might reach the resistance level of $68.397, and $100.075. If the trend reverses, then the price of BSV may fall to $57.188, & $47.457.
Bitcoin SV ( BSV ) Support and Resistance Levels
Resistance Level 1 $67.021
Resistance Level 2 $101.562
Resistance Level 3 $154.682
Resistance Level 4 $208.755
Support Level $46.983
The charts show that BSV has performed a bullish trend over the past month. If this trend continues, BSV might run along with the bulls overtaking its resistance level at $208.755.
Accordingly, if the investors turn against the crypto, the price of the BSV might plummet to almost $46.983, a bearish signal.
💡Don't miss the great buy opportunity in BSVUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (59.673).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BSVUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 70.961
TP2= @ 75.153
TP3= @ 79.218
TP4= @ 83.474
TP5= @ 87.645
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in BSVUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (59.673).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BSVUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 70.961
TP2= @ 75.153
TP3= @ 79.218
TP4= @ 83.474
TP5= @ 87.645
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️