Bitcoin SV (BSV) Experiences Pull Back Due to the Market Pressure

Bitcoin SV closed yesterday with a marginal hike. The upsurge in the currency is reversed today. However, there is a high possibility of reviving in the later hours. Bitcoin SV has made quite a reputation for itself in the crypto market. The loyal traders believe in the BSV coin and hope that the price rally would embark soon.

If we look at yesterday’s price counters, the currency was seen touching a high at $126.76 and a low at $122.22. The volume recorded yesterday was $281,651,168.

Bitcoin SV Price Analysis and Forecast

Yesterday, the BSV coin price escalated from $123.313 to $127.086 by 3.15% in the opening hours. Bitcoin SV price immediately fell to $122.474 by 3.48%. Then again, the price moved up to $126.007 by 2.88%. The rest of the day had few ups and downs. The day closed at $123.597, with an intraday profit of 0.25%. Today, BSV coin moved up to $123.924 from $123.597 by a marginal hike of 0.60%. Later, the price fell to $122.419 by 1.21%.

Bitcoin SV Price
Bitcoin SV Chart By TradingView

With the Market Cap of $2,194,227,225, Bitcoin SV is trading at $123.380 currently. The intraday traders could expect a recovery in the later hours, but the possibility is thin. BSV coin is going to be delivering a flourishing result in the long run. The 24-hour volume of Bitcoin SV is at $303,081,626. The circulating supply stands at 17,854,986 BSV. The ROI stands at 39.17%.

By the year-end, Bitcoin SV is speculated to cross its 30-Day high $138. Bitcoin SV price prediction suggest that the coin will give a colossal result if invested for the long-term period.

Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.

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