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Price Analysis

Bitcoin SV (BSV) Keeps Upsurge Intact; BSV Hovers Around $89

Bitcoin SV was dealing at $89.25 at the time of penning the article. The day began with a huge uptrend in the market today, and the same seems to be intact today. We are anticipating that the current price movement is an indication for the upcoming price rally. The reason behind the same is also that Bitcoin (BTC) was seen drowning in the past week, but once it caught up with the trend, the price is moving in an upward direction now. It wouldn’t be a surprise if it invites a substantial improvement in the price.

Well, yesterday, Bitcoin SV touched a high at $95.32, and the lowest price touched was at $83.74. Let’s see what is hidden for today.

Bitcoin SV Price Analysis:

The data feed is gathered from Bitfinex on October 10, 2019, at 09:49:18 UTC.

Bitcoin SV Price
BSV Chart By TradingView

Yesterday, Bitcoin SV started trading at $84, and the immediate escalation took the price up to $88 by 4.25%. Further, the price escalated to $96, and this time the progression was 6.75%. Later, there was a drop in the price that took it to $92 and the day closed at the same level. Today, the first few hours kept the price dealing at the same level from where it began. Later, the price experienced a pullback. The price counter changed from $92 to $88 marking a fall of 4.01%.

Bitcoin SV has given positive results to the traders in the past. The reputation of the currency in the market is also good. Entering in Bitcoin SV would turn out to be a profitable deal for the traders as the future of the BSV is anticipated to be bright. We are looking forward to an amazing deal in the future.

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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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