Will Bitcoin SV (BSV) Continue the Current Upward Momentum?

  • Bitcoin SV indicates slight growth
  • The BSV coin might breach the immediate resistance level at $135

There is moderate improvement spotted in the price of Bitcoin SV. The traders are eyeing for a profitable closing, and the indications are favorable. The coming days are speculated to bring the much-awaited growth in the coin.

Bitcoin SV Price Prediction

Yesterday, Bitcoin SV started dealing at $134.44. In the next few hours, the price escalated to $136.42 by 1.47% hike. The BSV coin price immediately fell to $131.07 by 3.95% drop. Further, the price escalated to $132.89 by 1.38%. The price fell to $129.99 by 2.18%. Later, the coin escalated to $133.09 by 2.39%. With pickups and downs, the Bitcoin SV closed at $131.931. The overall intraday movement in the coin reflected a fall of 1.89%. Today, the BSV coin started with an escalation of 1.41%. The counters switched from $131.93 to $133.82. Later, the price dropped to $132.09 by 1.29%.

Bitcoin SV
Bitcoin SV Price Chart by TradingView

Bitcoin SV saw a huge fall yesterday. However, there was a slight recovery by the day’s end, and that continued even today. The currency is speculated to give a profitable closing as the BSV price seems tilted towards the immediate resistance level at $135. The current price of Bitcoin SV is at $132.890.

BSV coin is recommended for long-term traders. The short-term investment is not speculated to bring the desired result to traders. Hence, we wouldn’t suggest going with the same.

Resistance Level Price
R1 $135
R2 $138
R3 $141
Support Level Price
S1 $129
S2 $126
S3 $123

Know more about Bitcoin SV price prediction for a long-term basis.

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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