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Price Analysis

Bitcoin SV Price Takes a Steep Fall on the Intraday Market

Bitcoin SV (BSV) opened with a bull, but is now slowing slipping down. The market is expected to go through a selling pressure on today’s chart. The intraday traders are expected to deal with the losses.

The coin has previously marked a power-packed week. The coin was seen touching new highs and lows on the same day. If we look at yesterday’s counters, the coin touched a high at 137.90 USD and a low at 133.80 USD. The volume marked on yesterday was 307,391,476 USD. Let’s take a look at the intraday chart.

Current Statistics of Bitcoin SV (BSV):

The chart is taken from Trading View on September 09, 2019 at 08:47:24 UTC for price analysis.

Bitcoin SV Price
Bitcoin SV Chart By TradingView

Yesterday, the coin opened at $134. The coin escalated to $138 by 2.50%. After that, there was a fall in the price of Bitcoin SV. The price changed from $137 to $134 by 2.18%. Later, the coin recovered and jumped to $136 from $133 by 2.37%. The intraday progression was of 1.31%. Today, the coin opened with an uptrend, but later fell to $131 from $136 by 4.91%.

Summary of BSV to USD:

  • The price of BSV is at 132.54 USD.
  • The ROI is marked at 49.87%.
  • The market cap is noted as 2,362,903,011 USD.
  • The circulating supply has 17,854,986 BSV.
  • The 24hr volume is at 300,528,016 USD.

Bitcoin SV Price Prediction and Conclusion:

Bitcoin SV (BSV) gets widely influenced by the movement of Bitcoin. Today, Bitcoin opened with a positive sign, but is now dealing with the bear. The coin has affected Bitcoin SV and hence is facing heavy pressure.

The coin would be best suited for long term traders. The short term traders might not earn the expected amount of dividend.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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