Bitcoin SV’s latest run is at a never ending bullish momentum as it broke the $200 USD barrier with a keen look towards setting all-time highs in the coming days. After a quiet rise from intraday lows of $95.50 USD on Jan. 1, recording over 100% gains in 2020, the cryptocurrency world cannot endure the silence any more as the Bitcoin spinoff soared to the 6th position by market cap. In all the market anomalies experienced in BSV’s rise, BCH enthusiasts are on the edge as a flipping is on the verge of occurrence.
BSV soars over $200 USD as ATH firmly in sight
Very few (if at all any) crypto analysts predicted such a rise for a token heavily proclaimed by Bitcoin maximalists as “fake Bitcoin”. However, against all odds, the price of BSV currently stands at $204.32 USD as at time of writing representing a sharp 115% increase over the past fortnight – placing it as the best performing top altcoin in 2020 so far.
The spike sets the altcoin only 19.4% off its all-time high of $253 USD, recorded on Jun 22 last year during the massive BTC bull run to $13,800 USD. The price is moving in tandem with the 20-day upper Bollinger Band with the relative strength index (RSI) on…
To read the entire article click here
Author: Lujan Odera