Bitcoin SV is the hard fork of Bitcoin Cash and signifies Satoshi's vision. They wanted to say that Bitcoin Cash is the actual Bitcoin and thus also the actual vision of Satoshi Nakamoto. If you want to know how Bitcoin Cash will continue. But how does the Bitcoin SV course look from a technical point of view? Does the price have a bright future or will we continue to slide steadily down as we have been doing for the past few months? Today we will inform you about the Bitcoin SV course!
An overview of the most important levels
The Bitcoin SV course currently has three important levels that should be considered. Current support is currently around $77. The course could also stay there in the near future, since the course is only about 10 dollars away from the support. After hitting the support, the bitcoin SV price could rally to the $144 resistance for a circa 100% price gain. The last resistance is around $250. We see it as unlikely that the Bitcoin SV price will reach this level in the near future, which is why we do not assume that the price will rise to $250, not even over $144.
As Bitcoin SV price has performed poorly this month as it has for the past several months, we can imagine the price breaking the $77 support. The price could then fall to the last support zone. This is between $45 and $50. There, the price could see its last chance to recover. If we break the support zone, the price could drop even lower. The goal cannot be predicted until now, since the historical data for this is missing.
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