Coinspeak Technical and Fundamental Market Analysis
BSV is trading at ~$130. This looks like strong support on charts. BSV has fallen 50% from recent highs while BTC has fallen 25%.
I have been pounding out blogs talking about the fundamentals of BSV. Fundamentals is about what to buy. BSV is the only crypto anyone should buy because Crypto is a Ponzi.
Technical analysis is about when to buy.
At $130 BSV is a buy.
I expect $130 to offer price support. If 130 breaks we’ll have psychological support at $100 and, worst case IMHO, $50. BSV could fall another 50% or more. Long term, this doesn’t matter. BTFD now and continue all the way down. If you can’t stomach that don’t do it. Wait till trend reverses and follow the herd. As a confirmed crypto degenerate I am only telling you what I’m doing.
BTC is trading 70:1 to BSV. If you own BTC and are not hedging your holding at this ratio there’s no reason for you read my posts. You have made your decisions. You’re no longer processing information. You’re a HODLer. I have no time for that.
This is my call: BSV is a 10x from here within 12 months.
Is BCHSV the same coin as BSV?
I believe so. If I’m not mistaken, these are just the symbols used by various exchanges for the same coin.
I was trying to transfer my BSV into my kucoin account which uses BCHSV, and it wouldn’t go through.
He has probably already mentioned this – but where do you buy BSV?
Any of these, or Exodus.
https://coinmarketcap.com/currencies/bitcoin-sv/#markets
depends on where you live but poloniex.com is now my recommend exchange for most people.
I got support at $85 and then $55, sold out at $218 and looking at buy back in there.