Bitcoin SV Price prediction – Will BSV Price Hit $200 Soon?

  • Bullish Bitcoin SV price prediction 2022 ranges from $128.15 to $195.90.
  • BSV price might also reach $200 soon.
  • Bitcoin SV bearish market price prediction for 2022 is $70.38.

This Bitcoin SV (BSV) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our BSV price analysis and prediction.

Many digital assets have spiked in 2021, with some beating their ATH from the 2017 bull run. Perhaps the most interesting is Bitcoin, which was well on its way to approaching $70,000 if it sustained its bull run.BSV attained an all-time high price of $491.64 on April 16th, 2021 according to CoinMarketCap.

With BSV’s current statistics and performance, will Bitcoin SV become one of the best cryptocurrencies to invest in 2022? We’ll find out in this  Bitcoin SV price prediction. But before we start our  Bitcoin SV price analysis, let us first answer the question, “What is  Bitcoin SV (BSV)?”

What is Bitcoin Satoshi Version (BSV)?

Bitcoin SV is the result of a lot of drama on the BTC blockchain. Moreover, it all started when BTC suffered a hard fork in 2017. However, splitting the network resulted in the development of a new altcoin named Bitcoin Cash

After a year, in 2018, Bitcoin Cash suffered a hard fork of its own and Bitcoin SV was born More so, Bitcoin SV explains itself as the original Bitcoin which is a crypto that remains true to the aim of pseudonymous founder Satoshi Nakamoto.

BSV’s main aims are delivering stability and achieving scalability, something that the real BTC blockchain has struggled to achieve.

Now that we have an idea about BSV, do you think BSV will be profitable crypto in 2022? Join me and let us see the charts in this BSV price analysis and BSV price prediction.

Bitcoin SV Current Market Status

As of the time of writing this Bitcoin SV price analysis, BSV trades at $97.16 with a 24-hour trading volume of $196,676,200. The price of BSV has increased by 0.36% in the last 24 hours.

Furthermore, BSV has a current circulating supply of 19,018,13945. BSV. Currently, the top cryptocurrency exchanges for BSV are Gate.io, Bithumb, Kucoin, Bittrex, Bitfinex, Huobi Global, OKEx, CoinTiger, FTX, and Mexc.

Now, let’s proceed to the next part of this BSV technical analysis for 2022.

Bitcoin Satoshi Version (BSV) Price Analysis 2022

Currently, Bitcoin SV holds 38th place on CoinGecko. But will the latest upgrades, development, and changes in the BSV blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this BSV price prediction article.

BSV/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for BSV/USDT, we can deduce that the price of BSV might remain bullish for some days since the price is consolidating after a breakout around the top of the channel. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.

BSV/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of 1Day chart is 70.60.  This shows that BSV is showing an overbought trend since it is between 70 and 100. This value is triggering a bullish run since more buyers are repositioning as the value is moving further from the 70 RSI value which is the overbought region. However, traders should be mindful that the price might plummet suddenly.

BSV/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

From the chart above, the 200-MA is above the 100-MA which means that long-term investors would gain since the gap between the two moving averages is wide. However, because the 100-MA is touching the recent candlesticks, there might be a bearish reversal.

Bitcoin Satoshi Version (BSV) Price Prediction

The chart below shows that Binance SV has performed greatly over the past few days. It has increased by 28.7% in the past 14 days. If this trend continues, BSV might run along with the bulls, overtaking its $106.37 value at resistance1 level, and move higher to $195.90 at resistance4 level.

BSV/USDT 1Day Chart Showing The Key Levels (Source: Tradingview)

Conversely, if the investors turn towards crypto, the bulls might take over BSV from its downtrend position. In simpler terms, the price of BSV might plummet to $70.38 at support2 level, a bearish signal.

Meanwhile, our long-term BSV price prediction for 2022 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $491.64 this year. However, that will only happen if it breaks many past psychological resistances.

Bitcoin Satoshi Version (BSV) Price Prediction 2022

If this bullish trend continues, BSV will reach $195.90 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $128.15. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $200 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Bitcoin Satoshi Version (BSV) Price Prediction 2023

If BSV holds the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $400, making it not plummet but play consistently.

Bitcoin Satoshi Version (BSV) Price Prediction 2024

As per the latest upgrades, developments, BSV price prediction, and new project forecasts of the platform, BSV investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of BSV in the crypto market, and it will be the best investment as the price can spike and reach around $650.

Bitcoin Satoshi Version (BSV) Price Prediction 2025

In the next four years, BSV’s price could race up to $1000. However, reaching this level could not be so difficult for BSV as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that BSV has a high possibility of reaching a new ATH soon in the next four years as per the prediction.

Bitcoin Satoshi Version (BSV) Price Prediction 2026

With the increased adoption of cryptocurrencies, the price of BSV is expected to reach about $1500 in 2026.

Conclusion

Bitcoin SV has a bright future ahead of it in 2022. With the ongoing developments happening within the BSV ecosystem, as well as in the overall crypto market, we may see BSV reach new heights.

Bullish BSV price prediction 2022 is $195.90. As said above, it may even reach $200 if investors have decided that BSV is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

How to Buy BSV?

Users can obtain BSV by purchasing them from cryptocurrency exchanges such as OKEx, or Huobi Global.

Will BSV Surpass its Current ATH?

BSV is a good investment in 2022. However, BSV has a low possibility of surpassing its current ATH at about $491this year.

Can BSV reach $200 soon?

Yes, it’s very much possible that BSV might reach $200 in the near future as per the current bullish trend.

What will be the BSV price by 2022?

BSV price is expected to reach $195.90 by 2022.

What will be the BSV price by 2023?

BSV price is expected to reach $400 by 2023.

What will be the BSV price by 2024?

BSV price is expected to reach $650 by 2024.

What will be the BSV price by 2025?

BSV price is expected to reach $1000 by 2025.

What will be the BSV price by 2026?

BSV price is expected to reach $1500 by 2026.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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