Flopper fail launched in 2018 is a hard Fork of Bitcoin cash Bitcoin SV was originally launched on the promise of bringing Bitcoin technology back closer in line with the original ideas of pseudonymous founder Satoshi Nakamoto however despite the ambitious launch which boasted one of the fastest ledgers In the space with the ability to process more than 50 000 transactions a second things have been Bleak Legions of holders have endured more than two years of downside price action since the heights of May 2021.Bitcoin SV recovery sink or swim but in a recent twist to The two years of decline there has been a brief Hiatus rally over the past month with a surprising plus one under 20 rally at the end of June price action pushed up dramatically to touch hard resistance at 55 a level not seen since September 2000 and 22 pre-fdx Saga but Strong resistance at this level rejected price action sending the price of the SV tumbling 35 back down to support at the 200 dma over the past two weeks with Bitcoin SV now trading at 36.50 plus one 39 since Market open many are wondering as bsv is destined to go to zero indeed Now under a ceiling of localized resistance from both the 20 dma and 200 dma price action will struggle to push up high once more and despite the emerging consolidation pattern over the past four days bsc’s indicators provide few reasons to be cheerful the RSI is still sat on the fence at 45 showing Little capacity to move up and worse still the McD is showcasing minor bearish Divergence at -1 19 adding propensity to the idea bsv is once again heading south best alternative to bsv leverage AI to gain a Competitive Edge with white predict dollar iprid as the world of crypto trading grows Increasingly complex smart investors look to Leverage The Power of technology to gain in a Competitive Edge enter why predict dollar iprit and AI powered crypto trading platform set to revolutionize the retail markets harnessing Advanced machine learning algorithms why predict enables traders to identify patterns predict Trends and receive real-time signals creating a More informed and proactive trading environment the platforms AI models provide real-time signals pattern recognition and key insights offering Traders a crucial advantage in the highly volatile crypto Market how I predict all-in-one ecosystem can supercharge your trading analysis with AI the ongoing presale of Y predicts native token dollar iprit is an Unprecedented growth opportunity for retail Traders with dollar iproid Traders gain access to premium features and earn 10 of the fees fostering a sustainable investment cycle already in stage 7 the Brazil offers tokens at an attractive one cent with a listing price set at 12 cents providing early Investors with a promising Roi invest in dollar iPad now and join the AI revolution in crypto trading why predict is transforming the future of crypto trading offering an exciting Innovative platform for retail traders to gain an edge in the market by Dollar iprid here disclaimer cryptocurrency projects Endorsed in this article are not the financial advice of the publishing author or publication cryptocurrencies or highly volatile Investments with considerable risk always do your own research foreign Bitcoin Satoshi Vision (Bitcoin SV) has enjoyed a short-lived rally over the past month, after almost two years of downside slide, but will the recovery flop-or-fail? Launched in 2018 as a hard fork of Bitcoin Cash, Bitcoin SV, was originally launched on the promise of bringing Bitcoin technology back closer in-line with the original ideas of pseudonymous founder Satoshi Nakamoto.However, despite the ambitious launch – which boasted one of the fastest ledgers in the space with the ability to process more than 50,000 transactions a second – things have been bleak.Legions of holders have endured more than two years of downside price action since the heights of May 2021.Bitcoin SV Recovery: Sink or Swim?.But in a recent twist to the two years of decline, there has been a brief hiatus rally over the past month – with a surprising +120% rally at the end of June.Price action pushed up dramatically, to touch hard resistance at $55, a level not seen since September 2022 (pre-FTX saga).
But strong resistance at this level rejected price action, sending the price of BSV tumbling -35% back down to support at the 200DMA over the past two weeks.With Bitcoin SV now trading at $36.50 (+1.39% since market open) many are wondering is BSV is destined to go to zero.Indeed, now under a ceiling of localised resistance from both the 20DMA and 200DMA, price action will struggle to push up high once more.
And despite the emerging consolidation pattern over the past 4 days, BSV’s indicators provide few reasons to be cheerful.The RSI is still sat on the fence at 45, showing little capacity to move up, and worse still the MACD is showcasing minor bearish divergence at -1.19 – adding propensity to the idea BSV is once again heading south.
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Invest in $YPRED now and join the AI revolution in crypto trading, yPredict is transforming the future of crypto trading, offering an exciting, innovative platform for retail traders to gain an edge in the market.Buy $YPRED Here Disclaimer: Cryptocurrency projects endorsed in this article are not the financial advice of the publishing author or publication – cryptocurrencies are highly volatile investments with… https://cryptonews.com/news/bitcoin-sv-going-zero-ypredict-ai-crypto-signals-platform-can-predict-next-crypto-explode-time-buy.htm #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptoworlddaily ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet.This information could’ve been doctored or misrepresented by the internet.All information is meant for public awareness and is public domain.
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